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SPIA

SPIA Single Premium Immediate Annuity

Single Premium Immediate Annuity SPIA The need for consistent, reliable income during retirement is nothing new.  In ancient Rome, retired legionaries received lifetime payments as a reward for their service to the state. From the Latin term for the soldiers’ payments, annua, comes the modern word “annuity.”  And, appropriately, annuities are designed to address the […] Read more