You will not need an amp for your ATH-M50's playing via iPod. Keep in mind that if you are using an iPod nano you may have to reset the volume limit to get the oomph you want, but I tested my M50's recently with my nano and they work just fine. In fact I was able to really crank up the volume to eardrum damaging levels.
If you want to save some money the Creative Aurvana Live! Headphones compete nicely with the M50's and are about $30 less. Both headphones are excellent headphones and improve with better source material and amping, but you do not need an amp to enjoy either set of headphones.
Best of luck.