SPDAs (Single Premium Deferred Annuities) are a type of deferred annuity that receives little attention. SPDAs are designed to be used when you have
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
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.