To amend the Internal Revenue Code of 1986 to provide that income of certain spouses will not be aggregated for purposes of the limitations of sections 401(a)(17) and 404(l) of such Code.

Amends the Internal Revenue Code to provide that for purposes of determining the compensation of highly compensated employees for certain pension plans, the rules attributing compensation between spouses will not apply if both spouses are licensed to perform services in the same professional field and perform such services on a full-time basis for the same employer.