What are the downsides to annuities?

If you talk to an agent or advisor about annuities, or respond to an internet ad or video and were contacted by a salesperson, most sales pitches sound too good to be true.  I get hundreds of calls a month from people who call me to see if the annuity they are considering (or unfortunately may have purchased) actually does what the agent said it would do.

Read the rest of this article here or go to annuities.about.com.