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.
You can contribute up to $5,000 to your own Roth IRA (up to $6,000 if youâre 50 or older during the year) and up to $5,000 for your wife (or $6,000 if sheâs 50 or older), as long as you earned at least as much for the year as the combined contributions.ithout earned income, your wife is not eligible to contribute to a Roth IRA herself (unearned income, from pensions, investments or Social Security, doesnât count toward eligibility). But because youâre still working, you can contribute to your wifeâs IRA on her behalf.