SPD

Definition

Summary Plan Description. A document containing a comprehensive description of a retirement plan, including the terms and conditions of participation. The summary plan description is distributed to potential participants in advance of enrollment.

Use SPD in a sentence

The SPD outlined all of the information the retirement conscious employee would need to know so we simply passed it on to him.

​ Was this Helpful? YES  NO 7 people found this helpful.

You should always know what is in the SPD and do your best to follow it as closely as you can.

​ Was this Helpful? YES  NO 2 people found this helpful.

The spd told us everything we wanted to know and we were ready to retire, so we could implement everything we had just read.

​ Was this Helpful? YES  NO 2 people found this helpful.

Show more usage examples...

Related Terms

Mentioned in these terms

Browse Definitions by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
S&P/Citigroup Global Equity Indices Exchange Traded Fund