Single-Premium Deferred Annuity (SPDA)

Single-Premium Deferred Annuity (SPDA),

How Do You Define Single-Premium Deferred Annuity (SPDA)?

  • Tax deferred investment is like an undergraduate retirement account (IRA) without many IRA restrictions.

Literal Meanings of Single-Premium Deferred Annuity (SPDA)

Single:

Meanings of Single:
  1. Select one or more items from the group for special treatment.

  2. I only met one.

  3. A person or thing is not part of a couple or group.

  4. A straight shot that allows the hitter to reach the first base.

  5. (Especially tennis and badminton) A game or competition for players, not for pairs or teams.

  6. One step, one in many.

  7. Single or not in stable sex.

  8. Consists of a fruit.

  9. Free from fraud or cunning deception.

Sentences of Single
  1. A newspaper is under pressure

  2. Aaron chose the center

  3. The end result is a picture of mystical proportions, disguised as a painting, which works as a whole, not as numerous.

  4. The next heater tension hits the second base line.

  5. As a result, Scotland also competed for the prestigious Leonard Trophy, which awarded the country the most points in singles, doubles, triplets and fours.

  6. Single red rose

  7. Single mother

  8. The study room is a large room.

  9. Pure and unique heart

Synonyms of Single

free, one, decide on, by itself, solitary, isolated, lone, eligible, unmarried, choose, one only, unattached, young, select, and single, pick out, sole, available, footloose and fancy free, fix on

Premium:

Meanings of Premium:
  1. Amount paid for the insurance policy.

  2. Price added to price or general cost.

  3. Something is given as a gift, reward or incentive.

Sentences of Premium
  1. Accurately, the earnings of a pensionable worker are made up of the premium paid in addition to his salary for the equivalent claim.

  2. Avoid paying too much for organic fruits

  3. The Society des Arts gave him a bonus

Synonyms of Premium

extra, extra charge, perk, recompense, remuneration, regular payment, instalment, additional fee, insurance payment, percentage, surcharge, bonus, extra amount, insurance charge, prize, additional payment, reward

Deferred:

Meanings of Deferred:
  1. Moving motion (an action or event)

  2. Submit or confirm credit.

Sentences of Deferred
  1. He postponed the decision until February

  2. Trust the team's superior knowledge

Synonyms of Deferred

hold off, put back, give in, delay, yield, acquiesce, adjourn, put off, capitulate, postpone, hold over, carry over, surrender, knuckle under, bow, accede, submit, give way

Annuity:

Meanings of Annuity:
  1. Usually a certain amount is paid to someone for life every year.

  2. A type of insurance or investment that qualifies the investor for different types of annual money.

Sentences of Annuity
  1. Until 1999, the only option for retirees was an annual, fixed income for life.

  2. If investors want to invest most of their savings fast, they must invest in an annual amount.

  3. Equity will first have to come up with an initial proposal to buy expensive pension insurance, which people can no longer afford.

  4. If they want to save, they can do so and, before retirement, decide whether to spend or buy their retirement money.

  5. Fixed annual administration fees typically receive ڈالر 30 per year.

  6. After retirement, savers can choose a pension with a fixed or variable interest rate.

  7. When you get your tax-free capital tax refund, you usually need to make an annual purchase with the remaining funds.

Synonyms of Annuity

benefit, handout, expenses, subsistence, grant, maintenance, upkeep, sum of money, pension, financial support, pocket money, stipend, consideration, annuity, remittance, keep, subsidy, contribution

Single Premium Deferred Annuity (SPDA),

Single Premium Deferred Annuity (SPDA) Meanings:

  • Meaning of Single Premium Deferred Annuity (SPDA): Single Premium Annual Deferral (SPDA) is the only policy that pays in cash. You take advantage of tax deferrals during the savings phase. Payments can be guaranteed or dependent on the performance of the investment made during the savings phase.

  • Single Premium Deferred Annuity (SPDA) refers to Retirement plans that you retire will be able to pay a hefty amount in terms of income payments.

  • The definition of Single Premium Deferred Annuity (SPDA) is: A single default premium pension allows for a one-month contribution. The money is delayed in tax until it is withdrawn or the beneficiary begins to receive a series of income payments.

Literal Meanings of Single Premium Deferred Annuity (SPDA)

Single:

Meanings of Single:
  1. Clever or naive antiquities free.

Sentences of Single
  1. There is a large study room.

Premium:

Sentences of Premium
  1. Consumers are reluctant to pay more for organic fruits

Annuity:

Sentences of Annuity
  1. If investors want to invest most of their savings faster, they should invest the money annually.

  2. If they want to save, they can do so and, before retirement, decide whether to spend money or buy retirement money.

  3. When they retire, savers can choose a fixed or variable pension.

  4. If you accept the full tax-free amount, you will usually have to make an annual purchase with the remaining funds.

  5. There may be a fixed rate or variable product with sub-accounts in tax-exempt years.

  6. Beneficiaries can often convert an amount into a one-year amount, but this, for example, ignores any deterioration in health conditions.

  7. Pensions on which retirees buy fixed income may also vary.

  8. He said the funds would be used to secure pension benefits, including pensions and lump sums.