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.
1 IRA: In 2015, most retirement savers can contribute up to $5,500 to an IRA. 2  If youâre age 50 or older, you can catch up with an extra $1,000, so your maximum allowable contribution is $6,500.3  From the year you reach age 70Â½ onward, you canât make traditional IRA contributions, but you can make Roth contributions. If youâre age 50 or older, you can catch up with an extra $1,000, so your maximum allowable contribution is $6,500. 2  From the year you reach age 70Â½ onward, you canât make traditional IRA contributions, but you can make Roth contributions.