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.
1 Married filing separately and you lived with your spouse at any time during the year: If MAGI is between $0 and $10,000, your contribution limit will phase out. 2  If $0, you can contribute up to the $5,500 maximum ($6,500 if over 50 years old). 3  If $10,000 and above, you cannot contribute to a Roth IRA.he 2015 maximum IRA contribution limit is still capped at $5,500, the same as the 2014 maximum IRA contribution limit. This comes as a bit of a surprise as the 2015 maximum 401K contribution limit was increased in the same press release. This contribution limit applies to both Traditional IRAâs and Roth IRAâs.