Traditional and Roth IRAs. (Fast Tax Facts 2002).
TRADITIONAL AND ROTH IRAs
2001 2002
Contribution Limit $2,000 $3,000
Catch-up Contribution (50 and old) 500
IRA Deduction Phaseout for Special
Contributions
Single
34,000-44,000
Married filing jointly 54,000-64,000
IRA Deduction Phaseout for Spousal
Contributions
Married Filing jointly 150,000-160,000
Roth IRA Contribution
Single 95,000-110,000
Married Filing Jointly 150,000-160,000
Married Filing Separately $0-10,000
Roth IRA Conversion Phaseout
Single 100,000
Married Filing Jointly 100,000
Married Filing Separately Ineligible
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