SPDAs (Single Premium Deferred Annuities) are a type of deferred annuity that receives little attention. SPDAs are designed to be used when you have
What Is The Minimum Deposit For A Single Premium Deferred Annuity?
The amount you put into an annuity is determined by the type of annuity you choose and your financial objectives. You can start a fixed annuity or
What Is A SPDA?
A single-premium deferred annuity (SPDA) is a type of delayed annuity with a single payment that only grows in value during the accumulation phase.