Annuity information is complicated.
It is hard to understand.
The purpose of this site is to explain the Single Premium Deferred Annuity (SPDA).
I am not here to sell you anything.
I am not here to convince you to do anything.
This is a good tool for me and I thought you might want to know about it.
A Single Premium Deferred Annuity (SPDA) requires that you make just one lump-sum premium payment. In exchange, the issuer guarantees an income stream for your retirement years.