Poyner Spruill partner Kelsey Mayo recently led sessions at two different national conferences for employee benefits professionals and business leaders.

At the Tax, Finance & Accounting Conference for Cooperatives (TFACC), Mayo was part of a session called “Balancing Strategy and Risk – Cash Balance Pensions for Today’s Business.” Participants had the chance to understand more about cash balance plans and how they work within a business strategy to control costs and remain competitive in the business world. This included a look at basic design elements, transition concerns, nondiscrimination testing, and other hot topics.

The two-day conference offered programming focused on proven strategies, tools, and resources to help co-ops increase efficiencies, improve financial controls, streamline regulatory compliance, and make transactions manageable.

At the ACOPA Actuarial Symposium, Mayo was part of a session entitled “Hidden Traps in Plan Designs — Floor Offset and Variable Annuity Plans.” Presenters, including Mayo, shared the latest developments and the pros and cons of these plan designs, as well as potential problems.

The ASPPA College of Pension Actuaries (ACOPA) designs the annual Actuarial Symposium for pension actuaries and professionals who are concerned about the impact of recent regulations. The sessions are geared specifically toward issues affecting actuaries in the pension field.

Mayo’s practice is based in Poyner Spruill’s Charlotte office and focuses on employee benefits and executive compensation. She has extensive experience working with governmental, nonprofit, and for-profit employers on all aspects of qualified and nonqualified plans, welfare benefit plans, fringe benefit plans, and executive compensation plans.

Poyner Spruill attorneys are available for speaking engagements, presentations, and webinars that include informative or training formats. The firm also provides access to numerous continuing education credits. For more information, contact Hillary Davis at hcdavis@poynerspruill.com.

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