In this episode of The My Money Is Safe Show, host Greg Elie and co-host Patti Jaynes promote the in-service rollover as a key retirement strategy. This allows individuals aged 59½ (or sometimes earlier) to roll over some or all of their 401(k) into an IRA to lock in gains, reduce market risk, and shift funds into safer, income-generating accounts—especially timely amid current market highs, volatility, geopolitical risks, and forecasts of modest S&P gains.

They share client stories illustrating major protection during past crashes (e.g., 2008) versus minimal losses after rolling over, and discuss broader concerns like political gridlock and short attention spans. The conversation expands to long-term care planning, highlighting high nursing home costs ($8k–$15k/month) and the value of PSLIP (Properly Structured Life Insurance Plans) for leveraged tax-free income, income doublers, legacy planning, and caregiver support.

The show mixes financial advice with light trivia (Beatles on Ed Sullivan), personal anecdotes, music, and repeated calls to action for consultations via 1-800-297-5755 or mymoneyisafe.com.

In this episode of The My Money Is Safe Show, host Greg Elie and co-host Patti Jaynes promote the in-service rollover as a key retirement strategy. This allows individuals aged 59&frac12; (or sometimes earlier) to roll over some or all of their 401(k) into an IRA to lock in gains, reduce market risk, and shift funds into safer, income-generating accounts&mdash;especially timely amid current market highs, volatility, geopolitical risks, and forecasts of modest S&amp;P gains.
They share client stories illustrating major protection during past crashes (e.g., 2008) versus minimal losses after rolling over, and discuss broader concerns like political gridlock and short attention spans. The conversation expands to long-term care planning, highlighting high nursing home costs ($8k&ndash;$15k/month) and the value of PSLIP (Properly Structured Life Insurance Plans) for leveraged tax-free income, income doublers, legacy planning, and caregiver support.
The show mixes financial advice with light trivia (Beatles on Ed Sullivan), personal anecdotes, music, and repeated calls to action for consultations via 1-800-297-5755 or mymoneyisafe.com.

Greg Elie has been serving clients and retiree’s since 1990. He is licensed in life and health insurance in the states of South Carolina, North Carolina, Florida and Tennessee. Greg is well respected in the financial industry as a Complete Advisor. Being able to help Americans save taxes and reduce their risk in their retirement portfolios is what Greg specializes in. He has helped hundreds of clients’ have a more prosperous and less stressful retirement by showing them how to safely protect their assets from nursing home, medicaid, inflation and the ups and downs of the stock market. Greg offers support to clients by providing educational workshops for civic and church groups as well as other nonprofit organizations. He has given well over several hundred workshops throughout his career. Greg resides in Greenville and have been together for over 33 years. He has four children and one grand-daughter.

Greg Elie&nbsp;has been serving clients and retiree&rsquo;s since 1990. He is licensed in life and health insurance in the states of South Carolina, North Carolina, Florida and Tennessee. Greg is well respected in the financial industry as a Complete Advisor. Being able to help Americans save taxes and reduce their risk in their retirement portfolios is what Greg specializes in.&nbsp;He has helped hundreds of clients&rsquo;&nbsp;have a more prosperous and less stressful retirement by showing them how to safely protect their assets from nursing home, medicaid, inflation and the ups and downs of the stock market.&nbsp;Greg offers support to clients by providing educational workshops for civic and church groups as well as other nonprofit organizations. He has given well over several hundred workshops throughout his career.&nbsp;Greg resides in Greenville and have been together for over 33 years. He has four children and one grand-daughter.

My Money Is Safe with Greg Elie

Greg Elie has been serving clients and retiree’s since 1990. He is licensed in life and health insurance in the states of South Carolina, North Carolina, Florida and Tennessee. Greg is well respected in the financial industry as a Complete Advisor. Being able to help Americans save taxes and reduce their risk in their retirement portfolios is what Greg specializes in. He has helped hundreds of clients’ have a more prosperous and less stressful retirement by showing them how to safely protect their assets from nursing home, medicaid, inflation and the ups and downs of the stock market. Greg offers support to clients by providing educational workshops for civic and church groups as well as other nonprofit organizations. He has given well over several hundred workshops throughout his career. Greg resides in Greenville and have been together for over 33 years. He has four children and one grand-daughter.

My Money Is Safe

In-Service Rollover a Smart Strategy for your 401k

In this episode of The My Money Is Safe Show, Greg Elie and Patti Jaynes explain how to use OPM (Other People’s Money) through their PSLIP (Properly Structured Life Insurance Plan) strategy to create tax-free income, legacy planning, and protection. The core concept involves clients contributing a set amount (typically $25,000–$50,000 per year for five years) while a bank or financing partner provides significant non-recourse leverage—often 3:1 to 10:1 depending on the beneficiary’s age—without requiring collateral.

Examples include a 55-year-old contributing $250k who receives $750k in matching funds and can later access roughly $60k/year tax-free income plus long-term care and legacy benefits, or grandparents funding young grandchildren (up to 10:1 leverage) to generate substantial future tax-free income or generational wealth. The hosts contrast this favorably with traditional 401(k) matching and Roth conversions, highlight its use by the wealthy, and note it can rescue poorly structured policies. They emphasize market risks amid high national debt and volatility, stress the importance of safe, tax-efficient strategies, and repeatedly invite listeners to call 800-297-5755 or visit mymoneyisafe.com for personalized consultations. The show mixes financial education with personal anecdotes and music.

In this episode of The My Money Is Safe Show, Greg Elie and Patti Jaynes explain how to use OPM (Other People&rsquo;s Money) through their PSLIP (Properly Structured Life Insurance Plan) strategy to create tax-free income, legacy planning, and protection. The core concept involves clients contributing a set amount (typically $25,000&ndash;$50,000 per year for five years) while a bank or financing partner provides significant non-recourse leverage&mdash;often 3:1 to 10:1 depending on the beneficiary&rsquo;s age&mdash;without requiring collateral.
Examples include a 55-year-old contributing $250k who receives $750k in matching funds and can later access roughly $60k/year tax-free income plus long-term care and legacy benefits, or grandparents funding young grandchildren (up to 10:1 leverage) to generate substantial future tax-free income or generational wealth. The hosts contrast this favorably with traditional 401(k) matching and Roth conversions, highlight its use by the wealthy, and note it can rescue poorly structured policies. They emphasize market risks amid high national debt and volatility, stress the importance of safe, tax-efficient strategies, and repeatedly invite listeners to call 800-297-5755 or visit mymoneyisafe.com for personalized consultations. The show mixes financial education with personal anecdotes and music.

Using OPM (Other People's Money) to create Tax Free income

In this episode of The My Money Is Safe Show, Greg Elie and Patti Jaynes focus on creating tax-free leverage, legacy, and income through specialized Properly Structured Life Insurance Plans (often called PSLIP or banking instruments). They highlight how grandparents or parents can contribute modest amounts (e.g., $6,000–$50,000/year for 5 years) while a bank or institution adds 3x to 10x leverage—depending on the beneficiary’s age—creating massive immediate death/living benefits and tax-free income streams later in life (e.g., $32k–$117k+ per year).

Examples include a 22-year-old grandchild turning $30k total contributions into over $1 million in tax-free income by age 81, and similar powerful results for adults in their 50s–60s. The hosts emphasize benefits for legacy planning, long-term care protection, and retirement income, contrasting it favorably with 529 plans or traditional 401(k)/Roth accounts. They stress the program’s availability for accredited investors or high-income households, warn of potential future tax or regulatory changes, and repeatedly invite listeners to call 1-800-297-5755 or visit mymoneyisafe.com for personalized strategies. The show blends financial education with personal stories, music, and light conversation.

In this episode of The My Money Is Safe Show, Greg Elie and Patti Jaynes focus on creating tax-free leverage, legacy, and income through specialized Properly Structured Life Insurance Plans (often called PSLIP or banking instruments). They highlight how grandparents or parents can contribute modest amounts (e.g., $6,000&ndash;$50,000/year for 5 years) while a bank or institution adds 3x to 10x leverage&mdash;depending on the beneficiary&rsquo;s age&mdash;creating massive immediate death/living benefits and tax-free income streams later in life (e.g., $32k&ndash;$117k+ per year).
Examples include a 22-year-old grandchild turning $30k total contributions into over $1 million in tax-free income by age 81, and similar powerful results for adults in their 50s&ndash;60s. The hosts emphasize benefits for legacy planning, long-term care protection, and retirement income, contrasting it favorably with 529 plans or traditional 401(k)/Roth accounts. They stress the program&rsquo;s availability for accredited investors or high-income households, warn of potential future tax or regulatory changes, and repeatedly invite listeners to call 1-800-297-5755 or visit mymoneyisafe.com for personalized strategies. The show blends financial education with personal stories, music, and light conversation.

How to Create Tax-free leverage, legacy and income

In this episode of "My Money is Safe," host Greg Elie and his vice president Patti Jaynes promote safe retirement strategies through their company, The Prosperity Group, urging listeners to protect assets from market volatility using the "Rule of 100" (subtract your age from 100 to determine the percentage that should be in safe, income-producing vehicles). The core focus is their PSLIP (Properly Structured Life Insurance Plan), which allows policyholders to access tax-free income and living benefits—such as long-term care, home health care, or chronic illness support—while alive, in addition to traditional death benefits for heirs.

They share real client success stories, including one woman with a chronic illness who accessed $450,000 tax-free from her policy, and emphasize how these plans can generate substantial tax-free retirement income (e.g., $175k+ annually for some couples), help fund nursing home costs, and turn modest contributions into significant legacies. The hosts criticize "buy term and invest the difference" approaches as renting insurance, contrast them with properly structured permanent policies (like Indexed Universal Life), warn about taxes and market risks in a "corporate dictatorship" era, and repeatedly invite calls to 1-800-297-5755 or visits to MyMoneyIsSafe.com for reviews, tax calculators, and consultations. The discussion blends financial education, personal anecdotes, and motivational advice for all ages.

In this episode of "My Money is Safe," host Greg Elie and his vice president Patti Jaynes promote safe retirement strategies through their company, The Prosperity Group, urging listeners to protect assets from market volatility using the "Rule of 100" (subtract your age from 100 to determine the percentage that should be in safe, income-producing vehicles). The core focus is their PSLIP (Properly Structured Life Insurance Plan), which allows policyholders to access tax-free income and living benefits&mdash;such as long-term care, home health care, or chronic illness support&mdash;while alive, in addition to traditional death benefits for heirs.
They share real client success stories, including one woman with a chronic illness who accessed $450,000 tax-free from her policy, and emphasize how these plans can generate substantial tax-free retirement income (e.g., $175k+ annually for some couples), help fund nursing home costs, and turn modest contributions into significant legacies. The hosts criticize "buy term and invest the difference" approaches as renting insurance, contrast them with properly structured permanent policies (like Indexed Universal Life), warn about taxes and market risks in a "corporate dictatorship" era, and repeatedly invite calls to 1-800-297-5755 or visits to MyMoneyIsSafe.com for reviews, tax calculators, and consultations. The discussion blends financial education, personal anecdotes, and motivational advice for all ages.

In-Service Rollover a Smart Strategy for your 401k

My Money Is Safe with Greg Elie

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