[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.
Current as of November 14, 2013. Main rules for annual contributions to a Roth IRA. Most people who work for a living (or have a spouse who works for a living) can contribute to a Roth IRA. Thereâs still an income limit on regular contributions, though, even though the income limit on conversions has been repealed. You can make a regular contribution even if you made a conversion in the same year. 2  Contribution to conversion Roth IRA. 3  Although there was initially some confusion on this point, itâs been clear for a long time that you can make regular contributions to a conversion Roth IRA.