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 […]
ViewA Complete Guide to the Solo 401(k): Eligibility, Costs, and Tax Considerations
Is a Solo 401(k) Right for You? For self-employed professionals, a Solo 401(k) {also known as an Individual 401(k)} can be a powerful tool for both retirement savings and tax planning. It offers high contribution limits (far exceeding IRA limits), flexible funding options, and valuable tax advantages. Because there are no annual funding requirements, a […]
ViewYear-End Charitable Giving: Q&A with Hobbs Group Advisor Francesca Passen
Why is year-end such an important time to think about charitable giving? Many strategies must be completed by December 31. Helps maximize tax efficiency—especially for individuals with Required Minimum Distributions (RMDs) or high-income years. This is a great time to review goals and align giving with your financial plan. Can you explain what a Qualified […]
ViewWhat you need to know about the Roth 401(k) catch-up for 2026
The end of the year is always a great time to re-evaluate your financial strategy. With recent changes in Internal Revenue Service rules governing 401(k) catch-up contributions, it’s even more crucial to do so this year. Due to new IRS rules issued this summer that will begin to take effect in 2026, 2025 is the […]
ViewTax Planning: A Year-Round Partnership
At Hobbs Group Advisors, we believe the best tax strategies aren’t built in a rush at year-end — they’re developed steadily, together. And while tax planning is a year-round process, the final quarter of the year is a critical window to make adjustments that can lower your 2025 tax bill and set you up for […]
ViewQuarterly Client Letter – Q3 2025
As we wrap up the third quarter of 2025, markets continue to deliver strong performance, and interest rates are showing signs of easing—offering both opportunities and challenges for investors. In this quarter’s client letter, CEO Peter Pigeon shares insights on how HGA is proactively navigating these trends, highlights our behind-the-scenes client service process, and outlines […]
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