Tuesday, March 12, 2013

NTSAA Resorts to Auto-Enroll to Boost Membership

The National Tax Sheltered Accounts Association (NTSAA) just announced that membership has increased, from 700 to 1500.  What accounts for this growth? 

A new corporate sponsorship program and an auto-enrollment campaign.

The NTSAA now allows “Strategic Partners” to pay a large upfront fee and with it they are granted multiple individual memberships (hundreds potentially) that they are allowed to use to enroll their agents.  

This is no different than auto-enroll and exactly how the huge increase happened in just a short period of time.

It is ironic that an organization dedicated to stopping auto-enrollment would use auto-enrollment to boost its membership in such a successful manner.  Auto-enroll works and NTSAA has proved it, now if they would only apply it where it is needed, with participants.

Scott Dauenhauer, CFP, MSFP, AIF

Reposted from Meridian Blog on 2/20/2013

Trackback: http://meridianwealth.com/2013/02/20/ntsaa-resorts-to-auto-enroll-to-boost-membership/