Close Close
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards

Retirement Planning > Retirement Investing

Retirement Advisor Groups To Combine Operations

Your article was successfully shared with the contacts you provided.

Members of the National Tax Sheltered Accounts Association have agreed to have their group become a semi-autonomous division of the American Society of Pension Professionals & Actuaries.

The combination is set to take effect in January.

ASPPA, Arlington, Va., represents about 6,500 professionals. Traditionally, most ASPPA members have worked with retirement plans at for-profit employers.

The NTSAA, St. Louis, represents practitioners, agencies and employers with an interest in the 403(b) and 457 nonprofit retirement plan markets. Its roster includes 1,000 retirement plan professionals.

“By combining our operations, we now have professional education and advocacy in one place for all retirement plan professionals,” NTSAA President Christopher DeGrassi says in a statement accompanying the combination announcement.

ASPPA Brian Graff says in a statement of his own that the combination will help ASPPA and NTSAA members do a better of educating Congress about retirement plans.

“The more total members we have, the louder our voice in Washington,” Graff says.

The combination also will give ASPPA respond to members’ growing interest in the nonprofit plan market, ASPPA says.


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.