Annuities in San Antonio, TX — Guaranteed Retirement Income You Cannot Outlive
An annuity turns part of your savings into a paycheck that keeps arriving after your working paycheck stops. We help San Antonio retirees and pre-retirees compare fixed, fixed-indexed and income annuities from dozens of A-rated carriers, so you know exactly what is guaranteed before a dollar moves.
What an annuity actually does
An annuity is a contract with an insurance carrier. You place a lump sum — often from a 401(k), IRA or maturing CD — and in exchange the carrier credits interest and, when you are ready, pays you income for a set period or for the rest of your life. Unlike a brokerage account, the income side of the contract does not depend on what the market did last quarter.
Most of the San Antonio households we work with are not looking to gamble with their retirement money. They want a floor: a predictable amount arriving every month to cover the mortgage, utilities, groceries and insurance, so the rest of their portfolio can stay invested for growth.
- Fixed annuities: a declared interest rate for a set term, similar in feel to a CD but tax-deferred.
- Fixed-indexed annuities: interest linked to an index with a floor of zero, so a down year does not erase principal.
- Immediate and deferred income annuities: a contractual paycheck starting now or on a future date you choose.
How we choose a contract with you
There is no single best annuity — there is the one that matches your income date, your liquidity needs and your tolerance for surrender terms. We start by mapping your retirement income need against Social Security, any pension, and your other assets. Only then do we shop carriers.
We walk through the surrender schedule, the free-withdrawal provision, the participation rates or caps on indexed products, and any rider fees line by line. If the numbers do not beat what you already own, we will say so.
Problems we solve for clients
"I lost money right before I planned to retire"
Sequence-of-returns risk hits hardest in the five years before and after you stop working. Moving a portion of the portfolio into a principal-protected contract removes that risk from the money you need first.
"My CD renewed at a rate I can't live on"
Multi-year guaranteed annuities often pay more than comparable CDs and grow tax-deferred until withdrawal, which matters if you are still in a higher bracket.
"I'm afraid of running out of money at 90"
Lifetime income riders pay as long as you live — even after the account value is exhausted — which is the one guarantee a brokerage account cannot make.
"I don't understand what I signed"
We review annuities clients already own, translate the contract into plain English, and tell you whether keeping it, exchanging it or leaving it alone is the better move.
What you walk away with
- A clear number: how much monthly income your contract will pay and when it starts.
- Principal protection on the portion of savings you cannot afford to lose.
- Tax-deferred growth while the money is still accumulating.
- A named beneficiary who receives the remaining value without probate delay.
Built for San Antonio
- We meet at our San Antonio office on Leeds Wheel, at your home, or by video.
- Familiar with rollovers from the large healthcare, military-adjacent and manufacturing employers across Bexar County.
- Evening and weekend appointments for clients still working full shifts.
Frequently asked questions
How much money do I need to start an annuity in Texas?
Most carriers we represent accept contracts starting between $10,000 and $25,000, though the right amount is usually driven by your income gap rather than a minimum. We calculate that number with you during the free consultation.
Can I move an old 401(k) into an annuity without a tax bill?
Yes. A direct rollover from a qualified plan or IRA into a qualified annuity is not a taxable event when handled correctly. We coordinate the paperwork with your current custodian so the funds never pass through your hands.
What happens to my annuity when I die?
Most contracts pay the remaining account value, or a guaranteed death benefit, directly to your named beneficiary. Because the beneficiary is named in the contract, the money bypasses probate — one reason annuities pair well with an estate plan.
Are annuity funds locked up?
Contracts carry a surrender schedule, but nearly all allow penalty-free withdrawals of roughly 10% per year after the first year. We match the surrender term to money you genuinely will not need in the interim.
Are annuities safe if the insurance company fails?
We place business with A-rated carriers, and Texas maintains a guaranty association that provides statutory protection up to state limits. We review both the carrier rating and those limits before recommending a contract.
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Roll over an old 401(k), map your income sources and retire on a date you actually choose.
See your guaranteed income number — free
In about thirty minutes we can show you exactly what your savings would pay per month for life. No cost, no obligation.