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.
The full retirement age increases gradually each year until it reaches age 67 for people born in 1960 or later. 2014 2015 At full retirement age or older No limit on earnings No limit on earningsUnder full retirement age$15,480 For every $2 over the limit, $1 is withheld from benefits. $15,720 For every $2 over the limit, $1 is withheld from benefits. In the year you reach full retirement age$41,400 For every $3 over the limit, $1 is withheld from benefits until the month you reach full retirement age.