can I make a roth IRa contribution if i have a 401k
Regardless of your participation in a 401k plan, all Roth IRA contributions are after-tax contributions. The IRS annually sets income limits restricting tax deductions for traditional IRA contributions if you have a 401k. For 2011, the limits have been slightly increased.
A: If you contribute to your 401(k) account, you may still contribute to a Roth IRA and/or a Traditional IRA; however, your participation in the 401(k) plan may affect your ability to take a tax deduction for any Traditional IRA contributions.