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The phase out range for Roth IRA contributions for 2000 is as follows:

MFJ $150,000 - $160,000
Single $95,000 - $110,000
QW $95,000 - $110,000
HOH $95,000 - $110,000
MFS *$0 - $10,000
*Married individuals filing separately who live apart at all times during the year are treated as single.

I haven't seen the 2001 ranges.

"Marriage Penalty" refers to the fact that many spouses with separate incomes pay more tax married than they would pay if they were able to file as two single taxpayers. For example, standard deduction for MFJ is $7350 and for two singles is $8800. Also the 28% tax bracket begins at $43850 for MFJ and at $52500 for two singles. This cost can be as high as $1125. Penalties occur at each successive bracket. If you're thinking of getting a divorce and continuing to cohabit, be advised that the IRS has thought of this as well.

You can transfer one of your ROTH IRA's to the other. There is no tax impact to this but the losing custodian might have an account closing fee.
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