Can I Contribute To An IRA If I Participate In A Retirement Plan At Work? 
Pretax contributions to an employers sponsored defined contribution plan like a 401 -LRB- k -RRB- is an excellent retirement funding option , especially if your employer matches any portion of your contribution , which may include the additional contribution for those over age 50 . But if you have more discretionary income you could contribute to a Roth IRA . If your spouse does n't have a retirement plan at work , an IRA or Roth IRA may also be available for contributions . The issue is the phase out rules on contribution deductions . 