Please choose the correct ending to complete the given sentence: Finance and Business: [header] How to select annuity payments [title] Decide if a retirement annuity is right for you. [step] Annuities are financial investment options for those who want secure, steady, and guaranteed income during their retirement. An annuity is an illiquid asset, meaning that it cannot easily be sold or exchanged for cash.

Ending1: [substeps] Only some investments are considered " safe ", meaning that you can exchange money for an annuity on a regular basis. The other half of major investments in the early phases of retirement are considered " undoable ", which means that there will be no way to cash these investments back later on. Ending2: However, there are other types of annuities that are typically smaller and will not necessarily provide the same apr as annuities. [substeps] Most annuities are found in retirement savings bonds and are accepted as iras. Ending3: When you cash out of your annuity, you have the option to take a lump-sum payment, or you can choose to have guaranteed payments that are scheduled for a set period of time. [title] Understand how annuities are taxed. Ending4: In addition, annuities are small purchases that are not fully invested and rarely come to full value. After acquiring an annuity, you have the option of seeing how much you make each month, where you deposit your investments, and how long you can observe interest payments.

Answer format: ending1/ending2/ending3/ending4