getting married at 55 or dating

Tax laws also benefit married couples with IRAs. Such couples may owe more in income taxes than they would collectively as single filers. We got married at his beautiful family home near Lake Erie and had a wonderful reception at a local winery. Tax Benefits: Marriage comes with hefty financial and tax benefits, and married spouses can receive an unlimited amount of assets without needing to pay estate taxes. It's more common than ever for couples to live together before getting married , and it's viewed as far more socially acceptable today than it was even just a few decades ago. A lot of divorced couples find a happy, healthy romantic relationship and stay in it for years and years without feeling the need to get remarried. Kantrowitz notes, however, that any financial support provided by the partner—which includes living expenses, gifts and loans—must be reported on the FAFSA as untaxed income to the student.

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