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.
Here are a few other eligibility-related features of a Roth IRA: 1  You can make contributions at any age. 2  You are not required to take a ârequired minimum distribution (RMD)â from a Roth IRA. 3  A non-working spouse can open a Roth IRA based on the working spouseâs earnings (and the coupleâs tax filing status). You can still make your annual contribution if you also convert money from a tax-deductible account (like a Traditional IRA) to a Roth in the same year. You can contribute to a Roth even if you participate in a retirement plan through your employer.