How about "If you are receiving money from a pension plan - or you contributed to a 401(k) this year, then you are still considered an active participant in a retirement plan, and as such, the deductibility of IRA contributions will phase out with increasing income levels." Surely you cannot receive money from a pension plan if you are still a current employee?
<a rel="nofollow" target="_blank" href="
https://www.brightscope.com/financial-planning/advice/question/2896/can-a-retiree-contribute-to-an-i...>
