Financial Planning
403B PLANNING
Think of 403(b) plans as 401(k) plans designed for public school, college, and university employees, as well as for employees of certain tax-exempt organizations, including churches and charities. The analogy isn't perfect because 401(k) and 403(b) plans have different rules, but it's close. Both of these plans offer participants a tax-advantaged way to save for retirement.
ESTATE PLANNING
Estate planning is the preparation of tasks that serve to manage an individual's asset base in the event of their incapacitation or death. The planning includes the bequest of assets to heirs and the settlement of estate taxes. Most estate plans are set up with the help of an attorney experienced in estate law.
definitions provided by: www.investopedia.com