TITLE

Carol Nowka: Advocate for Social Security Leadership by CFP Licensees

AUTHOR(S)
Opiela, Nancy
PUB. DATE
June 1998
SOURCE
Journal of Financial Planning;Jun98, Vol. 11 Issue 3, p92
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
This article profiles Carol Nowka of Grand Island, Nebraska-based Nowka/Grimes Financial Inc. Nowka has a call to action for certified financial planner (CFP) licenses. Maintaining that the leaders of the nation are avoiding the political hotcake of reforming Social Security, Nowka suggests that CFP professionals should lead the national in a discussion of necessary reforms to entitlements. A member of the Concord Coalition, and organization formed by former U.S. senators Paul Tsongas and Warren Rudman to foster discussion about the reform of the federal entitlements at the grassroots level, Nowka recently attended the first in a series of four town hall meetings with U.S. President Bill Clinton to discuss the future of Social Security, as of June 1998. Nowka feels that it is important for planners to get involved in the Social Security debate in order to help the people in the U.S. understand the complex issues and how the resolution will affect their pocketbooks. Nowka said that people also need to discuss how to best reform Social Security so that as few people as possible will be hurt by the reformation. Each generation is going to have to pay the price and no one generation should have to sacrifice alone. The current generation may have to be means tested, and if they have enough resources, receive a lesser benefit. The Boomers will need to work longer and save more, and Generation X will need to use a portion of their payroll tax to compound at a better rate of return.
ACCESSION #
769242

 

Related Articles

  • French eye cuts in social security.  // Industry Week/IW;2/20/95, Vol. 244 Issue 4, p65 

    Reports on French business executives' preference for candidates who pledge reductions in businesses' social security contributions for employees.

  • Social Security Reform.  // Congressional Digest;Apr83, Vol. 62 Issue 4, p99 

    Focuses on the Social Security system in the U.S. Concern regarding the financial condition of the system; Establishment of the National Commission on Social Security Reform; Coverage of the commission's findings and recommendations.

  • The Recommendations of the Commission.  // Congressional Digest;Apr83, Vol. 62 Issue 4, p104 

    Presents excerpts from the findings and recommendations of the U.S. National Commission on Social Security Reform which are contained in its report issued on January 1983.

  • Bush Names Social Security Commission To Pace Revisions In Structure, Emphasizing Strongly Held Position Of Partial Privatization Through Investments By Workers. Mangan, Joseph F. // Insurance Advocate;05/12/2001, Vol. 112 Issue 19, p26 

    Announces the formation of a commission to formulate plans for Social Security system reform in the United States. Association of the commission with the plan to partially privatize Social Security; Impact of demographics on social security; Allocation of budget surpluses to finance Social...

  • Régimen aplicable a la Alta Dirección. Toscani Giménez, Daniel // Capital Humano;ene2013, Vol. 26 Issue 272, p112 

    No abstract available.

  • The Commission Proposal in Brief.  // Congressional Digest;Apr83, Vol. 62 Issue 4, p103 

    Presents the report of the U.S. National Commission on Social Security Reform. Identification of the major proposals; Provision of a short-range and long-range cost analysis of each proposals.

  • NOW IT'S THE WIVES OF RETIRED MEN WHO ARE THE PROBLEM.  // Saturday Evening Post;11/11/1961, Vol. 234 Issue 45, p102 

    Comments on the arguments over the growth of corporate retirement plans in the U.S. Physical condition and health of retired men; Improvement in the condition of retired men; Fear of wives of executives to loss their status once their husbands will retire.

  • CEOs favor refinancing of Social Security system.  // Long Island Business News (7/1993 to 5/2009);09/07/98, Vol. 45 Issue 36, p4B 

    Highlights PricewaterhouseCoopers' survey of chief executive officers' (CEOs) opinion on the Social Security system of the United States. CEOs' advocacy for either full or partial privatization of Social Security for taxpayers under the age of 55; Recommendation that the program diversify its...

  • Out Social Security. Margenau, Tom // Westchester County Business Journal;2/25/2002, Vol. 41 Issue 8, p21 

    Presents a question and answer on Social Security in the U.S. Access of corporate officers to Social Security; Conditions for the turnover of Social Security benefits to wives; Social Security benefits of widows.

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics