In 1971, the U.S. Congress declared August 26 as Women's Equality Day, according to the National Women's History Project. The day celebrates the passage of the 19th Amendment in 1920, which granted women the right to vote. Each year, the president is requested to issue a proclamation honoring this day around the country.
While much progress has been made since the amendment was passed, women are reminded every day that there is still a lot more work to be done before equality is fully reached. A new study conducted by financial services firm Merrill Lynch and…