Financial Planning Update for Medical Professionals
By Francesca L. Passen, CFP Hobbs Group Advisors, LLC What to Do Now if You’ve Been Working Toward Student Loan Forgiveness For many medical professionals, federal student loan forgiveness (especially Public Service Loan Forgiveness (PSLF)) has been a long-term cornerstone of your financial plan. Ten years of service, decades of training, and years of payments […]
ViewThe One Big, Beautiful Boost for 529 Plan: What Families Should Know About the New Rules
By Francesca L. Passen, CFP Hobbs Group Advisors, LLC Recent updates from the “One Big Beautiful Bill” (OBBBA) have increased families’ savings potential specifically through 529 savings plans. These changes offer more flexibility as well for parents and grandparents, or students themselves. It does not matter about the age of the beneficiary, anyone with qualified […]
ViewThe New $6,000 Senior Deduction Under the OBBBA: What Retirees Need to Know for 2025–2028
By D. Garet Strange, CFP Hobbs Group Advisors, LLC A Major New Tax Break for Retirees The One Big Beautiful Bill Act (OBBBA), signed into law on July 4, 2025, introduced one of the largest targeted tax benefits for older Americans in decades: a new $6,000 additional deduction for seniors age 65 and older. This […]
ViewOne Big Beautiful Bill Act Summary
By Peter A. Pigeon, CFPHobbs Group Advisors, LLC The One Big Beautiful Bill Act of 2025 (OBBBA) will impact tax planning for many clients in 2025 and 2026. There is truly something for everyone in this bill. The key to understanding the relevance of the deductions noted in the article is to understand the difference […]
ViewWhat the OBBBA’s SALT changes mean for South Carolinians
By Thomas W. Manly, CFP Hobbs Group Advisors, LLC The One Big Beautiful Bill Act (commonly called the OBBBA) made one of the biggest federal changes to state-and-local-tax (SALT) treatment since the 2017 Tax Cuts and Jobs Act. For many South Carolina households and business owners, the new rules change year-end tax planning, entity […]
View