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[quote=Anonymous]I have a small ESOP at a previous company.. stuck there for a variety of reasons. It's about 244K. I got a statement in the mail today (year end, 2022) with a Lifetime Income Disclosure statement. In it, they say that I would receive $1,487/month if I were 67 on Dec 31, 2022. Joint/survivor would be $1,257/month. No COLA. Based on a 10 year yield of 3.53%. These payments translate to a 7.3% and 6.2% payment rates. Are annuities paying that high? Any references to other low cost annuities would be greatly appreciated. [/quote]
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