Annuities in the Context of Defined Contribution Plans

This document is about an analysis of the role of annuities in defined contribution retirement plans. It examines annuity market trends, demand for annuities by DC plan participants, and regulatory considerations surrounding annuities. The report provides an overview of the annuity market, analyzes annuity prices and features, and discusses the extent to which annuities are incorporated into DC plans and the historical annuitization rates.