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.
Retirement Account Highlights Traditional IRA. Once you turn 70 1/2, you are no longer allowed to contribute to a Traditional IRA. In addition, you must begin the process of taking annual RMDs.oth IRA. Anyone with earned wages may contribute to a Roth IRA, and there is no mandate requiring the contributor or his or her spouse to make RMDs. Traditional 401(k). Regardless of age, if you are still working you can continue to contribute to a 401(k) .