Since the annuity question is in the survey and pilots bring it up in different threads, I'm going to ask a question that has not been answered to my satisfaction. 415C limits effectively cap tax-differed contributions to our defined contribution plan. Even at current pay rates, most captains and many first officers who contribute employee maximums will hit the $53,000 annual contribution limit. How would a company-provided, post-retirement annuity be treated by the IRS? Can an annuity plan be crafted that would not detract from the existing DC plan? It would be useful to fully understand the implications prior to answering the survey question.