Simple clueless question

[meadow lark]

DW and I maxed our 403b's for 2015 - $18k for me and $24k for her (she's an oldie but a goodie). Can we add an IRA on top of that?  I know there is a phaseout AGI, but we may be under it for traditional IRA, and definitely for Roth IRA.

[terran]

As long as you're under the Modified AGI limits and you have earned income then you certainly can!

[seattlecyclone]

Yes, you can contribute to an IRA as long as you have earned income past what you put in your 403(b) accounts. For a married couple, deductible traditional IRA contributions have a $98k MAGI limit (2015), Roth IRA contributions have a $183k MAGI limit, and non-deductible traditional IRA contributions can be done at any income level. This latter type is probably only a good idea if you plan to convert the balance to Roth soon (aka "backdoor Roth contributions").