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Why do federal agencies often report to more than one overseer?
Pension Fund Manager
A professional who oversees the investment strategy and operations of a pension fund, aiming to ensure the financial stability and growth of the fund to meet future liabilities.
Index Fund
A type of mutual fund or exchange-traded fund (ETF) designed to replicate the performance of a specific market index.
Whole-Life Insurance
A type of permanent life insurance policy that offers a death benefit alongside a savings account component, covering the insured for their entire life.
Long-Term Bonds
Debt securities with maturities typically longer than 10 years, offering regular interest payments and repayment of principal at maturity.
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