simple IRA question

[greg nice]

i was reading an older post on 2+2 regarding investing

someone said something like if you make more than $110k in income then you are not allowed to contribute to IRAs.

is this the case?

[James Boston]

Well, you can't get IRA tax breaks. You can always put money away for retirement.

[TGoldman]

IRS Publication 590 (2004), Individual Retirement Arrangements (IRAs) (http://www.irs.gov/publications/p590/index.html)