Income Riders the Good the Bad the Ugly

Podcasts > My Money Is Safe

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.

https://theanswertampa.com/radioshow/my-money-is-safe

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Sunday, April 19, 2026

In this episode of “My Money is Safe,” Greg Ellie of Prosperity Group and his vice president Patti Jaynes explore the good, bad, and ugly of income riders on annuities. These optional features allow retirees to generate guaranteed lifetime pension-like income for both spouses without surrendering the principal to the insurance company, with any remaining account value passing to beneficiaries. Using examples like turning $500,000 into $30,000–$40,000 (or more with deferral and roll-ups) of annual income, they highlight strong riders that offer compounded growth on the benefit base (e.g., 8%), potential long-term care doublers, and better performance than high-fee variable annuity riders. They stress the importance of choosing the right rider, locking in higher rates now, following the Rule of 100 for asset allocation, and getting a second opinion on existing annuities, as many agents don’t fully understand them. The hosts encourage listeners facing market volatility to call 1-800-297-5755 or visit mymoneyissafe.com for safe-money strategies that protect principal while building reliable retirement income.