Single-premium deferred annuities (SPDAs) require only one lump-sum payment to fund the product ... The return has a floor of 0%, meaning that the annuitant cannot lose money in a down market.

NEW YORK -- Contracts for Blake Snell and Tommy Edman increased the Los Angeles Dodgers' obligations for deferred payments to more than $1 billion owed to seven players from 2028 to 2046.

All but $20 million of his $700 million mega contract is deferred, meaning he's making $2 million ... contract in MLB history, as interest payments of $1.19 million will be paid to him by the ...