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.
There are limits to how much money you can contribute to a Roth IRA. For 2014, you can contribute up to $5,500, or $6,500 if youâre over 50. Contribute any more than that, and the IRS will tax you on an excess IRA contribution.A 401(k), on the other hand, allows you to contribute up to $17,500.here are limits to how much money you can contribute to a Roth IRA. For 2014, you can contribute up to $5,500, or $6,500 if youâre over 50. Contribute any more than that, and the IRS will tax you on an excess IRA contribution.