[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 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.