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 ...
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 ...
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