What is to 'Capitalize'. Capitalize is an accounting method used to delay the recognition of expenses by recording the expense as a long-term asset. In general, capitalizing expenses is beneficial as companies acquiring new assets with a long-term lifespan can spread out the cost.
For orthodontics, most, if not all plans have a lifetime maximum amount that the carrier will pay for treatment. This is typically anywhere from $750 to $4000 and the patient is responsible for the remainder of the orthodontic cost.
2014 IRA Contribution Limits. In 2014, the maximum contributions limit is $5,500. If you are age 50 1/2 or older you can add another $1,000 for a maximum contribution of $6,500 in 2014.