Meaning SINGLE-PREMIUM DEFERRED ANNUITY (SPDA): An IRA-like annuity into which an investor makes a lump-sum payment that is invested in either a fixed-return instrument or a variable-return portfolio, which is taxed only when distributions are taken
More terms such as Single-Premium Deferred Annuity (SPDA) in Dictionary S.
- Definition Security:
- Examples Piece of paper that proves ownership of stocks, bonds, and other investments single-premium deferred annuity (spda) definition.
- Definition Shell Corporation:
- Examples An incorporated company with no significant assets or operations, often formed to obtain financing before beginning actual business, or as a front tax evasion single-premium deferred annuity (spda) explain.
- Definition Straight Term Insurance Policy:
- Examples Term life insurance policy providing a fixed-amount death benefit over a certain number of years single-premium deferred annuity (spda) what is.
- Definition Statement Of Cash Flows:
- Examples A financial statement showing a firm's cash receipts and cash payments during a specified period single-premium deferred annuity (spda) meaning.
- Definition Subordinated Debenture Bond:
- Examples that ranks after secured debt, after debenture bonds, and often after some general creditors in its claim on assets and earnings. Related: Debenture bond, mortgage bond, collateral trust bonds single-premium deferred annuity (spda) abbreviation.