Our latest podcast episode is an insightful overview of the National Structured Settlements Trade Association’s (NSSTA) activities and triumphs in 2023. It's been a year of significant progress, advocacy, and empowerment.
Facing the IRS Head-On
The episode starts with the elephant in the room – the IRS GLAM issue. This was a major concern for us, with potential implications on attorney fee structures. NSSTA didn’t just sit back; we actively addressed this threat, ensuring our industry remained strong and unshaken. It's a testament to the power of proactive engagement and defending our industry!
Reigniting the IRS Dialogue
NSSTA didn’t stop there. We re-engaged with the IRS, providing crucial information about the structured settlements industry and reigniting a crucial dialogue. It’s like renewing an old friendship – both challenging and rewarding but important.
Legal in Action
On the legal front, NSSTA has been nothing short of a superhero. Our involvement in the Cordero case, where they filed an amicus brief, was a strategic move that positively impacted our industry. It’s like having a legal guardian angel watching over us!
Advocacy and Partnerships: Stronger Together
NSSTA has been a networking ninja, strengthening ties with influential organizations like the National Consumers League and the American Association of People with Disabilities. These partnerships are not just about shaking hands; they're about making real changes and having a voice on Capitol Hill.
Judicial Education and Legislative Efforts
Did you know there’s a judicial education gap in our industry? NSSTA has been working tirelessly to bridge this gap. Plus, our influence in anti-factoring legislation in South Carolina is a huge win for us all.
Commitment to Diversity and the Next Generation
Diversity and inclusion aren’t just buzzwords for NSSTA; they're actions. With initiatives and committees dedicated to DEI, NSSTA is paving the way for a more inclusive future. And let’s not forget the Next Gen Committee – it's like planting seeds for the industry's future growth.
The Rise of the Women's Caucus
Speaking of growth, the Women's Caucus has been a force to reckon with, addressing issues critical to women in our field. It’s empowering to see such focus and dedication.
Knowledge is Power: Educational Initiatives
Knowledge sharing is at the heart of NSSTA’s mission. Through NSSTA University and other educational programs, we’re equipping members with invaluable insights and skills. It’s like having a personal industry coach!
Political Engagement: Raising Voices
NSSTA knows the importance of having a voice in politics. Our engagement with key Congress members is a strategic move to advocate for our industry’s needs and future.
Supporting the PAC: A Call to Action
The NSSTA’s political action committee plays a pivotal role in advocacy. It’s a call to action for all of us to support and contribute to the cause.
Leadership and Acknowledgments
Lastly, a big shoutout to the leadership, including the outgoing and incoming presidents. Their vision and drive have been instrumental. And kudos to individuals like Debbie Sink, whose contributions have been invaluable.
Wrapping It Up
In a nutshell, NSSTA’s 2023 journey has been about resilience, growth, and empowerment. From tackling legal challenges to fostering diversity and education, they’ve set a high bar for the future.
Whether you're deeply involved in the structured settlements industry or just curious about its inner workings, NSSTA's achievements this year clearly indicate its robustness and vitality. To watch the full episode of this podcast, view the video below!
