Press Release

PSCA Announces Creation of Annual 403(b) Day to be Held on 4/03

Issued by PSCA [Plan Sponsor Council of America]

Mar. 26, 2025

Similar to its annual 401(k) Day, PSCA has created a day to celebrate and promote retirement savings plans for nonprofit employees.

Arlington, VA – The Plan Sponsor Council of America (PSCA) is proud to announce the creation of 403(b) Day, a special event dedicated to raising awareness of retirement saving for nonprofit employees. Taking place annually on April 3rd, 403(b) Day will be a day of education, resources, and awareness for nonprofit organizations that offer 403(b) retirement plans to their employees.

“Nonprofits play a critical role in our communities, and ensuring their employees have access to secure and effective retirement plans is essential,” said Will Hansen, PSCA’s executive director. “403(b) Day will serve as an opportunity to spotlight the importance of these retirement plans and empower nonprofit leaders to support their employees’ financial futures.”

The goal of 403(b) Day is to provide nonprofits with the tools they need to enhance employee engagement and help individuals make the most of their retirement benefits. Similar to 401(k) Day, 403(b) Day will offer educational materials that organizations can use to promote their retirement plan to employees.

“403(b) plans play such a huge role in preparing millions of employees across the nation for a secure retirement,” said Nate Glassey, executive director of the National Tax-Deferred Savings Association (NTSA). “We are excited to coordinate with PSCA to grow and expand the resources of 403(b) Day in the future.  What a wonderful opportunity to help educate plan sponsors and plan participants alike throughout the country.”

This year’s 403(b) Day campaign includes a “fact or fiction” slide deck that addresses common barriers to retirement plan participation. There are also promotional ads and banners available to be used in email or social media campaigns. More information is available at: https://www.psca.org/403b-day/

About the Plan Sponsor Council of America

The Plan Sponsor Council of America (PSCA), part of the American Retirement Association (ARA), is a diverse, collaborative community of employee benefit plan sponsors, working together on behalf of millions of employees to solve real problems, create positive change and expand on the success of America’s voluntary, employer-sponsored retirement system. With members representing employers of all sizes, PSCA offers a forum for comprehensive dialogue. By sharing our collective knowledge and experience as plan sponsors, PSCA also serves as a resource to policymakers, the media and other stakeholders as part of its commitment to improving retirement security for millions of Americans. For more information, visit www.psca.org.

About the National Tax Deferred Tax-Deferred Savings Association

The National Tax-Deferred Savings Association (NTSA), part of the American Retirement Association, stands as the sole independent, non-profit association in the U.S. dedicated to the 403(b) and 457(b) marketplace. With more than 6,000 members, our mission is to deliver top-notch professional education, technical support, and networking opportunities for all professionals within the 403(b) and 457(b) sectors. For more information, visit https://www.ntsa-net.org/.

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