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If your life follows the pattern of college-marriage-kids-retirement, your need for life insurance will
Performance
Performance refers to the execution and accomplishment of given tasks measured against preset known standards of accuracy, completeness, cost, and speed.
Merit Pay
A pay increase given to employees based on their performance, as a reward for achieving specific goals or outstanding work.
Lump Sums
A one-time payment for a sum of money, rather than a series of payments over time.
Raises
An increase in salary or wages, typically awarded to an employee based on performance, market adjustments, or as part of a promotion.
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Q87: Because a mutual fund is already diversified