Texas Annuity Changes for Plan Year 2027 | Building Legacies that last.

As we continue supporting our Texas clients on their retirement journey, it’s important to stay informed about upcoming changes that may impact your annuity and insurance benefits. For plan year 2027, Texas annuity payments will continue to be deposited or mailed on the last business day of each month—mark your calendars for the fall dates: September 30, October 30, and November 30. If you contribute toward your own or a dependent’s premium, you may notice a difference in your annuity amount, as certain plan premiums were updated as of September 1. For those with optional term life coverage, remember that benefits will begin to decrease at age 70, and premium rates will keep increasing every five years. You always have the flexibility to adjust your coverage or discontinue optional term life, with age-based reductions applied each January 1. Retirees eligible for Medicare should look for premium changes effective January 1, 2027—more information will arrive in your Late-Q3 enrollment packets, followed by a Late-Q4 update. At Elitex Financial Solutions, our commitment is to help you navigate these shifts with clarity and confidence, ensuring your financial strategies stay aligned with your goals.