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 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) definition.
- Definition Sponsor:
- Examples An underwriting investment company that offers shares in its mutual funds, or an influential institution that highly values a particular security and thus creates additional demand for the security single-premium deferred annuity (spda) explain.
- Definition Staggering Maturities:
- Examples Hedging against interest rate movements by investment in short-, medium-, and long-term bonds single-premium deferred annuity (spda) what is.
- Definition SLD Last Sale:
- Examples of sold last sale, which shows up on the consolidated tape when a large change (one point for lower priced securities and two points for higher-priced securities) occurs between transactions single-premium deferred annuity (spda) meaning.
- Definition S;P 500 Composite Index:
- Examples Index of 500 widely held common stocks that measures the general performance of the market single-premium deferred annuity (spda) abbreviation.
