Single-Premium Deferred Annuity

Definition

SPDA. A tax-deferred investment plan in which an individual makes a single payment to a mutual fund or insurance company. Similar to an IRA, but having no annual contribution limit.

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Related Terms

annuity - More

Popular 'Retirement' Terms

annuity
OASDI
deferred compensation
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IRA

qualified retirement plan
annuitant
non-qualified retirement plan
liquid net worth
401(k) plan

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Single-Premium Deferred Annuity is ...

... part of the Retirement and Taxes subjects.

Nearby Terms

single-employer plan
single-entry bookkeeping
single-factor model
single-life annuity
single-payment loan
Single-Premium Deferred Annuity
single-premium life insurance
single-state municipal bond fund
sinker
sinking fund
SIPC