Genetically modified organisms (GMOs), also known as genetically modified or engineered foods, are created by forcing a piece of DNA from a totally different species, such as bacteria or viruses, into the DNA of a plant or animal.
A: Yes, you can contribute to both a Roth IRA and an employer-sponsored retirement plan such as a 401(k), SEP or SIMPLE IRA. However, each type of retirement account has annual contribution limits.: Yes, you can contribute to both a Roth IRA and an employer-sponsored retirement plan such as a 401(k), SEP or SIMPLE IRA. However, each type of retirement account has annual contribution limits.
For example, if you can contribute $5000 to an IRA (without contributing to a Roth IRA) and you can contribute $5000 to a Roth IRA (without contributing to a traditional IRA), then you can contribute $2500 to each, or $2000 to each, or $2000 to one and $3000 to the other, but you cannot contribute $5000 to each.or example, if you can contribute $5000 to an IRA (without contributing to a Roth IRA) and you can contribute $5000 to a Roth IRA (without contributing to a traditional IRA), then you can contribute $2500 to each, or $2000 to each, or $2000 to one and $3000 to the other, but you cannot contribute $5000 to each.