Retirement Enhancement and Savings Act of 2018 (RESA)
April 6, 2018 — In March of 2018, legislation known as the Retirement Enhancement and Savings Act of 2018 (also known as “RESA”), was reintroduced in both the Senate (S. 2526) and the House (H.R. 5282). In April of 2018, the Church Alliance wrote letters to Senators Orrin Hatch (R-UT) and Ron Wyden (D-OR), and Representatives Mike Kelly (R-PA) and Ron Kind (D-WI), expressing gratitude for their efforts in seeking passage of the legislation. RESA is a bipartisan, bicameral bill that, among other things, would confirm that all church-controlled and associated organizations have access to church retirement income accounts known as Internal Revenue Code Section 403(b)(9) plans.
The full text of the bill can be found here.
Representative Kelly quoted the Church Alliance letter on his web page here.