Under certain conditions, an employee may put aside monies for a retirement account they have setup $($known as an IRA or Individual Retirement Account$).$ To be eligible for this tax$-$free contribution, two conditions must be met. Complete the statements below outlining these conditions.

The individual $\_\_\_\_\_\_\_\_\_\_\_\_\_$ belong to a company$-$funded retirement plan. $($does or does not$)$

The individual has modified AGI of $\_\_\_\_\_\_\_\_\_($less or more$)$ than $$\_\_\_\_\_\_\_\_\_\_\_\_.$ In the case of a married employee, combined AGI must be$\_\_\_\_\_\_\_\_\_($less or more$)$ than $$\_\_\_\_\_\_\_\_\_.$