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In the U.S., getting married is not only a major decision on a personal level, but it comes with financial implications as well. The U.S. government has specific policies and laws that not only protect the institution of marriage, but actually encourage it to continue with financial incentives. The bulk of these are found in the U.S. tax code. Couples can file taxes together, rather than individually, and combine their incomes. The tax brackets for couples are set up differently than those for individuals. If a married couple has a combined earning of $140,000, they will not be forced to pay into the higher tax bracket. This is particularly helpful for couples where one partner earns significantly more than the other. Married individuals can also give gifts, money, and property to each other without paying state taxes. In terms of legal benefits, married couples have hospital visitation rights and can make legal and medical decisions on the other partner's behalf. This is just the tip of the iceberg, though. Our research found that there are some 1,100 federal benefits explicitly for the institution of marriage.
Overview of Federal Benefits Granted to Married Couples (hrc.com)
"There are 1,138 benefits, rights and protections provided on the basis of marital status in Federal law."
11 Things You Never Thought Of When You Decided Not To Get Married (forbes.com)
"Pew cites shifting public attitudes as one of the factors behind the shortage of wedding bells. For instance, half of all respondents agreed with a statement that society is just as well off if people have priorities other than marriage and children."
Marriage Benefit: Couples' Money Secrets Everyone Can Use (money.usnews.com)
"The marriage institution may be in tatters, but people who do tie the knot still stand to gain from it. Couples who collaborate on money matters can benefit from a wide range of financial rewards that, by many estimates, can double their lifetime wealth."