can a tax payer take an IRA if they max out on their employees 401k of 19500?

[wahcpa]

I have a client that has maxed out on his 401k contribution on19,500.  Can they also do an IRA of 6000?

Thanks,

[abctax55]

"take" or "make" an IRA? And making an IRA contribution when covered by an employer plan is dependent on AGI.

[sjrcpa · Accepted solution]

Yes. Whether they can deduct it or not depends on their income.

[wahcpa]

Thanks