Nona Massengill’s practice focuses on design and implementation of all types of employee benefits, with an emphasis on executive and nonqualified deferred compensation and equity-based awards. Nona has extensive experience with Internal Revenue Code (IRC) section 409A. She helps publicly traded and closely held employers, tax-exempt entities and executives with tax, fiduciary and business aspects of employee benefits, employment agreements and severance arrangements.
Nona Massengill’s practice focuses on design and implementation of all types of employee benefits, with an emphasis on executive and nonqualified deferred compensation and equity-based awards. Nona has extensive experience with Internal Revenue Code (IRC) section 409A. She helps publicly traded and closely held employers, tax-exempt entities and executives with tax, fiduciary and business aspects of employee benefits, employment agreements and severance arrangements.
Nona works regularly on executive compensation aspects of mergers and acquisitions. Nona’s experience includes buy-side and sell-side representations, as well as serving as special outside counsel to executives. Her areas of focus are:
- Quantifying and addressing the tax effects of the golden parachute rules under IRC sections 280G and 4999.
- Strategies for target company equity, phantom equity, and incentive awards.
- Addressing varied obligations and entitlements under change in control, employment, and severance agreements.
- All aspects of IRC section 409A in connection with supplemental executive retirement plans (SERPs), deferred compensation plans, phantom equity, and incentive awards.
- Design of transaction bonus awards where a company sale is contemplated.
Nona advises on incentive stock options (ISOs), restricted stock, restricted stock units and performance-based awards and related tax implications under IRC sections 83(b) and 422. She also assists with IRC section 423 employee stock purchase plans (ESPPs).
Nona works on all aspects of employee stock ownership plan (ESOP) matters – e.g., design, sales of company stock to an ESOP, loans, leveraged ESOPs, and plan mergers. She assists clients with IRS and DOL inquiries, ESOP terminations and issues facing non-ESOP companies in M&A, lending and similar transactions with ESOP-owned companies.
Other areas of Nona’s practice include work with private equity funds to navigate the ERISA and tax impact of the plan asset rules, for funds with retirement plan investors; and income and FICA tax withholding rules, including under IRC section 3121(v).
She is recognized by Chambers USA for Employee Benefits Law (2021-present). She is a member of the Virginia State Bar and The ESOP Association. She is a former officer of the Central Virginia Employee Benefits Council. Nona received her Juris Doctor degree from the University of Virginia School of Law. She received her Bachelor of Arts degree from the University of Virginia, where she was selected for Phi Beta Kappa.
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01.30.2024
Williams Mullen Represents National Bankshares, Inc. in Acquisition of Frontier Community Bank
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11.17.2023
2023 Annual Employee Benefits Compliance Checklist for Plan Administrators
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11.02.2023
Benefit and Contribution Limits for 2024
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10.12.2023
Williams Mullen Represents Envera Health in Sale to Access Healthcare
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08.22.2023
Hoops, LP: Seventh Circuit Denies Deferred Compensation Deduction in Taxable Asset Sale - Upsetting Common Understanding of Timing Rules
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08.17.2023
131 Williams Mullen Attorneys Named to 2024 Edition of The Best Lawyers in America®
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08.04.2023
PODCAST: Using Equity Incentives to Attract and Retain Key Team Members
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07.27.2023
Williams Mullen Representing American National Bankshares, Inc. in Merger With Atlantic Union Bankshares Corporation
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06.02.2023
44 Williams Mullen Attorneys, 14 Practice Areas Recognized in Chambers USA 2023
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05.25.2023
Firm Advises Brivo on $92M Investment
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02.02.2023
Williams Mullen Represents Farmers Bankshares in Merger with TowneBank
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01.17.2023
Williams Mullen Represents MCIM by Fulcrum Collaborations in Investment by Resurgens Technology Partners
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01.06.2023
SECURE Act 2.0 Summary of Changes to Retirement Plans
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11.21.2022
2022 Annual Employee Benefits Compliance Checklist for Plan Administrators
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10.21.2022
Benefit and Contribution Limits Announced for 2023
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06.02.2022
39 Williams Mullen Attorneys, 14 Practice Areas Recognized in Chambers USA 2022
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06.02.2022
Williams Mullen Represents Large Propane and Refined Fuels Distributor in Sale
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05.31.2022
Williams Mullen Represents Arc Natural Stone in Sale to ASG
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04.05.2022
409A INSIGHTS: INVOLUNTARY TERMINATION - Second Circuit Highlights Key Definitional Aspects in Soto v. Disney Severance Pay Plan
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03.23.2022
Williams Mullen Represents Grenova in Recapitalization
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12.06.2021
Williams Mullen Represents E-Learning Provider in Sale
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11.23.2021
2021 Annual Employee Benefits Compliance Checklist for Plan Administrators
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11.04.2021
Benefit and Contribution Limits for 2022
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11.04.2021
ESOP ESSENTIALS: CAN MY COMPANY OFFER AN ESOP? Selected Tax Guidance on Choice of Entity, Business Structure and ESOPs
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09.02.2021
Williams Mullen Deal Team Represents EPI Group in Sale of Heart of Hospice
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08.31.2021
Williams Mullen Advises Space Technology Provider in Capitalization from ATL Partners
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06.03.2021
Williams Mullen Represents Community Bankers Trust Corporation in Announced Merger with United Bankshares, Inc.
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05.26.2021
40 Williams Mullen Attorneys, 12 Practice Areas Recognized in Chambers USA 2021
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12.31.2020
Williams Mullen Team Represents Fire Protection Systems Provider in Recapitalization
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12.22.2020
Williams Mullen Represents Charles Barker Automotive in Selling its Lexus Dealerships in Hampton Roads
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12.03.2020
PODCAST: Plan Administrators’ 2020 Year-End Checklist
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11.20.2020
2020 Annual Employee Benefits Compliance Checklist for Plan Administrators
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10.26.2020
Benefit and Contribution Limits for 2021
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10.01.2020
Williams Mullen Represents Virginia National Bankshares Corporation in Announced Merger with Fauquier Bankshares, Inc.
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09.03.2020
Williams Mullen Represents Bay Banks of Virginia in Announced Merger with Blue Ridge Bankshares
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06.26.2020
Williams Mullen Represents Material Handling Manufacturer in Sale to Michigan Industrial and Construction Company
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04.28.2020
Section 83(b) Elections: Limited COVID-19 Relief, but Keep Your Records
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02.14.2020
The SECURE Act Makes Significant Changes to Benefit Plans
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12.06.2019
PODCAST: Plan Administrators’ 2019 Year-End Checklist
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11.20.2019
Plan Administrators’ 2019 Year-End Checklist
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11.06.2019
Benefit and Contribution Limits for 2020
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08.16.2019
PODCAST: New Rules for Top Hat Plan Filings
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08.16.2019
Williams Mullen Representing C&F Financial Corporation in Acquisition of Peoples Bankshares, Inc.
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08.05.2019
Williams Mullen Represents The C.F. Sauer Company in Sale to Private Equity Firm
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07.29.2019
Williams Mullen Helps Boston Barricade Complete ESOP Transaction
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04.25.2019
IRS Issue Snapshot: S Corporation ESOPs and IRC section 409(p)
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11.27.2018
Plan Administrators' 2018 Year-End Checklist
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11.01.2018
Benefit and Contribution Limits for 2019
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10.09.2018
Williams Mullen Helps American National in $95.6 Million Acquisition of HomeTown Bankshares
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03.14.2018
Williams Mullen Helps Parkway Acquisition Corp. and Skyline National Bank Enter $14.5 Million Merger with Great State Bank
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12.21.2017
GOP Tax Reform: Impact on Executive Compensation and Employee Benefit Plans
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12.21.2017
Congress Passes Tax Act
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11.17.2017
Plan Administrators’ 2017 Year-End Checklist
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10.31.2017
Williams Mullen Advises Citizens National Bank in Merger with Old Point Financial
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10.19.2017
Benefit and Contribution Limits for 2018
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06.30.2017
Williams Mullen Advises Bank of McKenney in Merger with Citizens Community Bank
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05.03.2017
Williams Mullen Advises TowneBank in Acquisition of Paragon Commercial Corporation and Paragon Commercial Bank
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10.27.2016
Benefit and Contribution Limits for 2017
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10.22.2015
Benefit and Contribution Limits for 2016
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03.31.2014
Williams Mullen assists with sale of Colonial Virginia Bank to Xenith Bank
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10.12.2023
Benefits Forum 2023: SECURE 2.0 and SECURE Act - Opportunities, Relief & Required Changes
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01.19.2023
Winter Tax Forum
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10.25.2022
Ideas for Businesses to Navigate Economic Uncertainty Webinar
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09.22.2022
Benefits Forum 2022: Retirement Plans - Risks, Rewards & What's Ahead
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09.15.2021
Annual Benefits Forum: How To Be an ERISA Superhero
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12.03.2020
COVID-19 Comeback Convention
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10.27.2020
M&A Webinar Series - Deferred Compensation in M&A Transactions: Where to Look, How to Pay
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10.23.2020
ESOPs in the Context of a Transaction
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09.24.2020
WEBINAR: Annual Benefits Forum - Charting a Course for Recovery for Employers and Employees
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01.23.2020
Winter 2020 Tax Forum
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09.19.2019
2019 Employee Benefits Forum
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01.24.2019
Winter 2019 Tax Forum
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09.20.2018
2018 Employee Benefits Forum: Plan Sponsor's Toolkit: DIY Maintenance and Repairs