From the November 2006 issue of Investment Advisor • Subscribe!

300 Million, and Changing

A population milestone

More On Tax Planning

from The Advisor's Professional Library
  • IRAs: Eligibility The eligibility rules for contributing to traditional and Roth IRAs are complicated. Learn how to effectively use them in retirement plans.
  • Long Term Care Insurance: Premiums While premiums for qualified long-term-care insurance may be deductible as medical expenses there are exceptions to this general rule. Learn how to avoid unnecessary tax liabilities.
The Census Bureau made the announcement on October 17 that the population of the United States crossed the 300 million threshold. The makeup of the population is changing, too. According to the Bureau's American Community Survey, 55.2 million (approximately 49%) of the nation's 111.1 million households in 2005 contained married couples--with or without children. Since 2000, those identifying themselves as unmarried opposite-sex couples increased by about 14%. Although they may choose to live together for different reasons, unmarried partners do share something--different, potentially more complicated financial issues than those faced by married couples.
Reprints Discuss this story
This is where the comments go.