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.
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.