How Can Members Help with Government Education?

Submitted by Abbey Hudson on Sat, 09/24/2016 - 01:21

One of our biggest goals at NSSTA is to keep settlement payments income tax-free for victims of injury and illness. We work to accomplish this by educating our elected officials on the benefits of structured settlements. Through the efforts of NSSTA and our members we continue to build a team of advocates and allies that support the use of structured settlements as a tool for financial security.

Over the years NSSTA has had an impressive line-up of politicians and government officials speak at our meetings. Through the hard work of the Education Committee, the upcoming Fall Conference in Denver will be no exception. While these outside speakers always bring their knowledge and expertise to our meetings, their attendance also gives us the opportunity to build relationships with the people that are making decisions in Washington, D.C. It’s important for all our members to attend NSSTA conferences and events – not only to talk to each other about issues we are facing as an industry, but also to receive updates on any potential tax reform initiatives coming our way and inform our outside speakers on the value of income tax-free payments for injury victims and their families.

On an annual basis, NSSTA hosts members in Washington, D.C. for “Take the Hill.” This program allows members to speak to their elected representatives face-to-face and educate them on the importance of keeping structured settlements income tax-free. We also encourage our members to urge their elected officials to defend structured settlements, help protect the financial futures of our claimants and to join the Congressional Structured Settlements Caucus. You can find a list of all of the Members of Congress who have joined the Congressional Structured settlements Caucus on the NSSTA web site.  You can find the name of your Congressional Representative at USA.gov.

Building awareness about the benefits of structured settlements is a responsibility we all share. With the upcoming elections, the need to educate those responsible for tax reform and legislation is more important than ever. If you have any questions about how you can contribute your time to governmental education initiatives, please contact NSSTA at 202-289-4004 or visit www.nssta.com.