what is spda? koi bata sakta h
Answers
Hello friend
single-premium deferred annuity (SPDA) is an annuity established with a single payment featuring investment growth solely during the accumulation phase. ... Single-premium deferred annuities can be either fixed or variable, and distributions are only taxed when you take them..
There are four basic types of annuities to meet your needs: immediate fixed, immediate variable, deferred fixed, and deferred variable annuities. These four types are based on two primary factors: when you want to start receiving payments and how you would like your annuity to grow.
A single-premium deferred annuity (SPDA) is an annuity established with a single payment featuring investment growth solely during the accumulation phase. That growth occurs on a tax-deferred basis until annuitization, at which time regular payments will begin.
Single-premium deferred annuities can be either fixed or variable, and distributions are only taxed when you take them. There is no investment limit governing how much an individual may invest in an SPDA.
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Answer:
single-premium deferred annuity (SPDA) is an annuity established with a single payment featuring investment growth solely during the accumulation phase. ... Single-premium deferred annuities can be either fixed or variable, and distributions are only taxed when you take them.