A Wife’s Views on Social Security

BY CHERYL WARD

I found the article “ Social Security: What’s the Magic Age? ” ( JofA , Jul.06, page 28) informative, but I was a little offended. It assumed that a wife could have earnings only up to 100% of her husband’s earnings (see the chart on page 31). In the next year I will be earning more than my husband and will continue to earn more. I would hope in the 21st century we will see wives earning more than their husbands and that we no longer take for granted that the wife is the secondary breadwinner in the family.

Cheryl Ward, CPA
Denver

SPONSORED REPORT

How the election may affect taxation of business income

This report summarizes recent proposals to reform the U.S. business income tax system and considers the path to enactment of any such legislation.

VIDEO

How to Excel pivot a general ledger

The general ledger is a vast historical data archive of your company's financial activities, including revenue, expenses, adjustments, and account balances. J. Carlton Collins, CPA, shows how to prepare data for, and mine data with, PivotTables.

QUIZ

Did you follow 2016’s biggest accounting news?

CPAs will remember 2016 as a year of new standards and new faces. How well did you follow the biggest accounting events? The 7 questions in this quiz will help you find out