The National Tax-deferred Savings Association (NTSA) is proud to announce its new name today as a way to better define its core mission and enhance the brand in state capitals across the country. Formerly the National Tax Sheltered Accounts Association (NTSAA), NTSA’s core mission remains the same: to ensure the health and sustainability of America’s public-sector retirement system.
“There’s a retirement crisis in America and while the national scene can sometimes overshadow our efforts, we haven’t lost sight of how important it is to protect the vitality of our public-sector retirement system and I think our new name only enhances that sentiment and our ability to help public education, government and not-for-profit employees retire successfully,” says NTSA Executive Director Chris DeGrassi.
Across many state capitals the prevailing political winds push legislators to pick winners and losers and stifle competition, which discourages regular folks like teachers, public school employees, government workers and non-profit employees to save on a regular basis. NTSA believes the system requires exposure and access to retirement plans and products that help ensure a secure and prosperous future.
“Every working American deserves tools to help them retire successfully and our name change simply reflects, to a better degree, what we do and why protecting the public-sector retirement system is our prime directive,” explains DeGrassi.
NTSA will host its annual 403(b) Summit on June 22-24, 2014 at the Washington Hilton in Washington D.C.
About NTSA: The National Tax-deferred Savings Association (NTSA) is a sister organization of the American Society of Pension Professionals & Actuaries (ASPPA) representing more than 3,000 members. NTSA’s mission is critically important for the public-sector retirement system by enhancing employee empowerment in the defined contribution plan market and developing the tools to help public-sector employees achieve success. For 25 years, NTSA has been nationally recognized for our thought leadership and policy expertise with regard to public sector retirement plans, and represents its membership in Washington, D.C. and state capitals across the country working with public sector stakeholders, policy makers and legislators to address issues and design retirement plans that improve employee outcomes. NTSA also provides high-quality education, professional development and information resources.