HomeDefinitionsCompareDebt Single Premium Deferred Annuity (SPDA)The financial definition for 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. Similar MatchesContingent deferred sales charge (CDSC)Contingent deferred sales charge (CDSC)The formal name for the load of a back-end load fund. Deferred accountDeferred accountA type of account that delays taxes on that account until some later date. Deferred callDeferred callA provision that prohibits the company from calling the bond before a certain date. During this period the bond is said to be call protected. Further SuggestionsDeferred chargeDeferred compensation Deferred equity Deferred interest bond Deferred nominal life Annuity Deferred payment annuity Periodic purchase deferred contract Click to compare definitions of Single Premium Deferred Annuity (SPDA) Click to view definitions beginning si |