A single premium immediate annuity (SPIA) is one of the simplest types of annuity contracts. With a SPIA, you make a single large deposit with an annuity company and your monthly payments begin ...

Whether you’re a seasoned investor or just getting your feet wet, there’s a good chance that you’ve heard of an annuity. This financial product doles out regular payments for a set amount of time to ...

How would you like your SPIA rate of return calculated? Depending on your annuity company, you may be able to choose a fixed or variable rate based on market conditions. Basing SPIA returns on the ...