When to use Void or Value-Returning Functions: 1  Void Function: when must return more than one value or modify any of the caller's arguments. 2  Void Function: when must perform I/O. 3  Void Function: when in doubt, can recode any value-returning function as void function by adding additional outgoing parameter.
No contributions allowed after age 70-1/2. None. Annual Earned Income Requirements. Total traditional IRA contribution amount for both spouses cannot exceed total amount of your joint taxable income, or double the annual IRA limit, whichever is less.bility to deduct contributions to a traditional IRA may be limited or entirely eliminated if the working spouse contributes to an employer-sponsored plan. No effect on eligibility for spousal Roth IRA. Age Limits on Contributions Yes. Contributions are not permitted for a nonworking spouse beyond age 70 1/2.
Spousal Roth IRA. By Kaye A. Thomas. Current as of November 15, 2013. In reality, thereâs no such thing as a spousal IRA, just a rule that allows you to rely on your spouseâs income when you contribute. As a general rule, your regular IRA contribution for any year canât exceed your qualifying income for the year.olely for the purpose of determining how much you can contribute to an IRA, youâll be treated as if you had taxable compensation income equal to: 1  Your qualifying income (if any), plus. 2  Your spouseâs qualifying income (if any), minus. 3  Your spouseâs regular contributions to traditional IRAs and Roth IRAs.