NTSA Unveils New Financial Literacy Program For Teachers, School District Workers

New program developed in an effort to improve the understanding of retirement planning options and improve participation rates in 403(b) plans

ARLINGTON, VA, February 26, 2019 /24-7PressRelease/ -- In an effort to improve the understanding of retirement planning options and improve participation rates in 403(b) plans, the National Tax-Deferred Savings Association (NTSA) has created a comprehensive retirement educational program that is available to school districts and their employees across the United States.

The NTSA educational program, delivered via an NTSA certified retirement education specialist (CRES) advisor, is vendor-neutral and does not include any specific investment product recommendations. Attendees of the program gain a greater awareness of what they will need to save to supplement their pension plan and Social Security and how to take action.

"School district employees need the right information to make the best choice regarding their retirement security," noted Brent Neese, executive director of NTSA. "Many educators do not have access to Social Security, and reforms in state retirement systems are reducing retirement benefits. Therefore, for school district employees, the importance of personal savings in 403(b) plans is more critical to their retirement security than ever."

In order to deliver the program, a certified retirement education specialist must have completed a certificate program through the American Retirement Association (ARA) Retirement Planning Academy focused on the important retirement planning considerations of public employees. Additionally, the NTSA CRES Advisor must have agreed to abide by the highest standards of professional conduct and to coordinate all educational activity in accordance with school district solicitation policies and guidelines.

More information about the NTSA retirement education solutions for public sector employees and the Certified Retirement Education Specialist program is available at ntsa-cres.org.

About the National Tax-Deferred Savings Association (NTSA)

Formed in 1989, the National Tax-Deferred Savings Association (NTSA) represents nearly 6,000 practitioners, agencies and corporate members. For nearly three decades, NTSA has been nationally recognized for its thought leadership and policy expertise with regard to public-sector retirement plans. NTSA represents its membership in Washington, D.C. and state capitals across the country to address issues and design retirement plans that improve employee outcomes. NTSA also provides high-quality education, professional development and information resources for those involved in the 403(b) and 457(b) marketplace.

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