A ..... Premium Deferred Annuity (SPDA), a retirement planning product, is an interest-earning annuity contract between you and an insurance company; in return for an initial investment, the company promises to pay you the investment plus accrued interest on the maturity date of the annuity. (*) Simple (*) Single (*) Standard (*) Stated
This is a companion discussion topic for the original entry at https://english.best/questions/9870,a-___-premium-deferred-annuity-spda-a-retirement-planning-product-is-an-interest-earning-annuity-contract-between-you-and-an-insurance-company-in-return-for-an-initial-investment-the-company-promises-to-pay-you-the-investment-plus-accrued-interest-on-the-maturity-date-of-the-annuity/