[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.
Instructions. Understand the contribution limits for an IRA for the year in which you wish to contribute to both a Roth IRA and traditional IRA. Starting in 2008, you can contribute up to $5,000 to an IRA.If you are over 50 years of age, you can contribute an extra $1,000. Meet the requirements for contributing to an IRA in general.nstructions. Understand the contribution limits for an IRA for the year in which you wish to contribute to both a Roth IRA and traditional IRA. Starting in 2008, you can contribute up to $5,000 to an IRA.