When it comes to guying an annuity who are you going to trust? The person or representative selling it to you, or a person who has no vested interest in whether or not you buy or sell an annuity at all? Getting the right accurate information is what I am all about. It does not matter to me if you buy an annuity at all, I am not paid by the insurance industry and I put no contract ahead of another. Even if I think some features on an annuity are not as good as another companies or is more expensive than another companies, it does not mean that annuity is horrible and you should never buy it. It may mean that that annuity fits a specific need and may not be right for everyone, but for the right person that annuity can be perfect.

This is were I feel the main stream media has gone over board. They will take a specific annuity contract, label it bad and then apply it to the whole industry. They also may take a specific sales practice that may be distasteful or in some cases illegal and make it sound as if the whole industry is selling annuities in that fashion. I am here to say that it is not true, there are always bad apples, but the vast majority of annuity agents sell them ethically. Otherwise this industry would not be selling over 120 billion dollars per year in new sales.

I also look at no load fund companies who criticize annuities and yet they sell them, quite actively if I do say so myself. The funny part about it is that the products they sell are single fund products and are sub-par as far as benefits go, other than the obvious tax deferral which is the most important part of an annuity.

No matter if you are a broker or a consumer someone is selling you something. The broker or agent is sold the idea by company representatives called wholesalers. The broker or agent will then sell the product based on that information to the consumer, what happens when the broker is given bad information? Everyone gets hurt, that's what happens, and I have seen it time and time again. It used to be a joke at our meetings, "donn't let the facts get in the way of a good story", now I wonder are there representatives out there spinning bad information into a good story?

I have a feeling the answer is yes. I have been spending as much time as I can in meetings put on by wholesalers. During these meetings I have witnessed really bad facts being told in a great story. I do not blame the wholesalers totally for this, the companies give them high goals and they need to meet those goals. I think it is a situation were one top wholesaler reads some information and misunderstands it then pass it around to the rest of the sales force, before you know it the whole company is telling a bad story. I can speak from experience that this is how it maybe happening.

My point is this, you have good products and bad products. More importantly there are great annuities and some that, well aren't so great and this is where annuity IQ comes in. I am here to tell you exactly how these products work, I rate each contract and tell you which benefits and annuity contracts are the better ones, for the masses of course.

Are you going to spend in upwards of 100 hours to research all the annuities on the market? Are you going to read all of the prospectuses and call all of the companies to find out how everything works? Can you afford to just take someone's word that they are giving you all the facts, or just their version of the facts? I think it is clear that the answer is "NO". I have done the research for you and am dedicated to bringing you the best information available on the best selling annuity contracts. Use my knowledge, my experience and my unbiased approach to giving you the facts.