[Chorus] If you believe in forever, Then life is just a one-night stand. If there's a rock and roll heaven, Well you know they've got a hell of a band, band, band. Jimmy gave us rainbows, And Janis took a piece of our hearts, And Otis brought us all to the dock of a bay. Sing a song to light my fire, Remember Jim that way, They've all found another place, another place to play.
Although you can contribute to a Roth IRA during your retirement years, you cannot contribute unlimited amounts of money. The IRS enforces contribution limits for traditional and Roth IRAs regardless of age. In 2010, for example, you could contribute $6,000 if you are older than 50.
You can contribute funds to your traditional or Roth IRA at any time during the calendar year, and you can make contributions to an IRA by the first deadline for your tax return without any extensions. 1  IRA contributions for tax year 2014 are due by April 15, 2015.ou can reduce your taxable income by contributing money to a traditional individual retirement account (IRA). Contributions to traditional IRAs can be made as late as the first due date of a tax return.