SPDA

Single-Premium Deferred Annuity. A Tax-deferred investment plan in which an individual makes a Single payment to a mutual Fund or Insurance company. Similar to an IRA, but having no annual Contribution limit.

Related Terms: 11 Annuity, Contribution, Defer, Deferred annuity, Fund, Insurance, Mutual fund, Single, Tax, Tax-deferred, UIT

Other Related Pages: Category: Taxes Starting With: S

Additional Related Terms: 10-K, 401(k) plan, 403(b) plan, 457 plan, Annuity unit, After-tax basis, Amortization of premium, All or any part, Accumulated earnings tax, Automatic reinvestment plan