About GE Food Labeling. If you want to know if your food contains gluten, aspartame, high fructose corn syrup, trans-fats or MSG, you simply read the label. But if you want to know if your food is genetically engineered (GE), youâre not going to find any information on the package.
Contribution Limits. The contribution limits for SIMPLE IRAs are lower than 401(k) plans, so your SIMPLE IRA contribution cannot exceed the lower limit and your total contributions can't exceed the higher, 401(k) plan limit. In 2012, the limit for a SIMPLE IRA is $11,500 and the limit for a 401(k) plan is $17,000.or example, if you contributed $2,000 more than your contribution limit to the two plans, you have to report $2,000 more in taxable income for the year. Worse, you get taxed on that money a second time when you take the money out.
If Nicole makes no contribution at all to her IRAs in 2011, Jack can contribute up to $5,000 to his IRA ($6,000 if he's 50 or older). If Nicole contributes $4,000 to her IRAs for 2011, then Jack can contribute up to $2,000 to his IRA.he spousal IRA rule doesn't change any of the other rules that generally apply to IRAs. You can contribute to a traditional IRA, to a Roth IRA, or both. However, you can't make regular contributions to a traditional IRA for the year you turn 70Â½ or thereafter.