Staff employees terminated for cause are not eligible to receive notice or severance pay. Cause shall be defined as termination for misconduct or performance reasons as determined by the University in its sole discretion.
And you can't put more money than you make in any IRA. So if your income is only $1,500, then $1,500 is the most you can contribute to a Roth. There is an exception that allows Roth accounts for nonworking spouses.If you and your spouse file a joint return but one does not work, the employed spouse can open and contribute to a Roth IRA for the unemployed partner.o if your income is only $1,500, then $1,500 is the most you can contribute to a Roth. There is an exception that allows Roth accounts for nonworking spouses. If you and your spouse file a joint return but one does not work, the employed spouse can open and contribute to a Roth IRA for the unemployed partner.
A: On its face, the answer to your question is no. You must contribute earned income to both a traditional IRA and Roth IRA. Earned income is money you generate from wages, self-employment, a partnership or even alimony.But an inheritance, or income from an inheritance, is not earned income and therefore cannot be contributed to an IRA. But you do have some options.nd you can contribute to a Roth IRA even after you turn 70 Â½ . Again, though, you must have earned income, so it might be income working part time. Remember, though, that the amount you can contribute is limited by the amount of your earned income.