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Single Premium Deferred Annuity |
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Single Premium Deferred Annuity An annuity purchased with a lump sum payment by the annuitant, who does not begin to receive payments until some future date. Like all deferred annuities, an SPDA has two phases, a savings phase and an income phase. The savings phase involves the annuity taking the lump sum payment and investing it on behalf of the annuitant. In the income phase, the annuitant receives payments. It is important to note that an SPDA, like all deferred annuities, is not taxed until the income phase begins. It also pays a death benefit to the survivor(s) of the annuitant. See also: IRA, 401(k). How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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On his part, the President of IDB hailed the OIC General Secretariat for its visionary leadership which led to the formulation of SPDA. Faculty members submit applications to the SPARC Office, which then reviews the applications and selects a group of SPDA Fellows to begin the fellowship together as a cohort. The campaign clearly shows that people are no longer indifferent to environmental threats, and that large groups of people from different countries can be united to fight for a worthy cause," remarked Silvana Graf of the SPDA. |
SPDA |
SPCR1 SPCRR SPCS SPCSB SPCSCPG SPCSG SPCSHS SPCSK SPCSP SPCSS SPCSV SPCT SPCTF SPCTRM SPCU SPCUG SPCUM SPCURE SPCV SPCW SPCZ SPD SPD SPD SPD SPD SPD SPD-EEPROM SPD/IF SPDA SPDACSPDAs SPDB SPDBS SPDC SPDCM SPDD SPDDH SPDE SPDEEPROM SPDES SPDET Spdf Spdf SPDG SPDH SPDHO SPDI SPDIF SPDIF SPDIP SPDK SPDL SPDL SPDLC SPDLTR SPDM | ||||||||
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