Today, the IRS issued Notice 2014-66 providing a special rule that enables qualified defined contribution plans to provide lifetime income by offering, as an investment option, a series of target date funds (TDFs) that include deferred annuities among their assets.  The rule provides that, under certain circumstances, a series of TDFs in a defined contribution plan is treated as a single right or feature for purposes of the nondiscrimination requirements of Section 401(a)(4).