SPDA

single-premium deferred annuity.

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Universalium. 2010.

Look at other dictionaries:

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  • SPDA — abbr. Single Premium Deferred Annuity …   Dictionary of abbreviations

  • SPDA — single premium deferred annuity …   Useful english dictionary

  • Single-Premium Deferred Annuity - SPDA — A type of annuity contract that is established with a single lump sum payment by the owner. The annuity then grows on a tax deferred basis until annuitization. Single Premium Deferred Annuities (SPDA) can be either fixed or variable, and… …   Investment dictionary

  • 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. Bloomberg Financial Dictionary …   Financial and business terms

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