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.
Old IRA Establishment. You can continue to contribution to an IRA in any year as long as you have the income to equal the contribution. As of 2011, if you are over the age of 50, your maximum contribution is $6,000.Traditional IRAs have mandated Required Minimum Distributions starting the year you turn 70.5.he only qualification is the child must have declared earned income. This can be from a television commercial using the child's likeness or even a lemonade stand or summer life guarding job. If a child has $3,000 in annual income, the IRA contribution can be up to that earned amount.