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With a single premium deferred annuity (SPDA), you make just one lump-sum premium payment in exchange for a guaranteed stream of income for your retirement years. Here is a brief overview of a SPDA:
Single premium deferred annuities offered by Liberty Life:
Life insurance and annuities issued by:
Liberty Life Assurance Company of Boston, a Liberty Mutual company
Home office: Boston, Mass. Service center: Dover, N.H.
1Within the terms of your contract.