single premium deferred what is
Meaning of Single-Premium Deferred Annuity (SPDA) explanation. What is payment that is invested in.

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Single-Premium Deferred Annuity (SPDA) definition

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.
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