A bill to amend the Internal Revenue Code of 1954 to allow a married individual whose spouse has a small amount of earned income to qualify for the deduction provided for retirement savings for certain married individuals.

Amends the Internal Revenue Code, in the case of a married individual filing a joint tax return with a spouse who has also earned compensation, to allow such spouse to elect not to take a deduction for his or her own individual paid-in retirement savings, and thereby allow a deduction for retirement savings under the provision for certain married individuals.