Brooks Capital Strategies

A Registered Investment Adviser in Bend, Oregon

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541-330-6411 / 877-330-6411

  • About Brooks Capital Strategies
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    • Financial Planning
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    • Retirement Vehicles
    • Tax Planning
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Tax Planning

Diversify retirement assets to reduce taxesWhen we hear the word “diversification”, we typically think of investments, and the importance of not “putting all of your eggs in one basket.”  What doesn’t immediately come to mind is diversifying the assets themselves.  Taxation can have a large impact on our assets.

Diversify to Reduce Taxes and Increase Income

Tax Diversification – Tax diversification can help you reduce taxes and increase your total spendable income. Assets can be grouped into three categories depending on how those assets are affected by taxes.

  • “Taxed Today” – assets are liquid and are best positioned for short-term needs
  • “Taxed Tomorrow” – assets are generally earmarked for longer-term needs, such as education and retirement.
  • “Tax Advantaged” – assets not only accumulate tax-free, but their proceeds can often be distributed tax-free. You must work with a competent advisor when selecting the appropriate tax advantaged assets for your situation as many of them have limitations and restrictions. For instance:
    • Roth IRA contribution limits are tied to your income, and Roth IRAs have restrictions that could penalize your withdrawals.
    • Municipal bonds tend to have lower yields than taxable bonds.
    • Life insurance has mortality charges and is underwritten according to your individual health situation, which might preclude people of poor health.

A Balanced Approach – At Brooks Capital Strategies, we use a comprehensive approach that will consider all three asset categories and identify how you can best meet your goals. Income tax diversification may provide additional control and more flexibility for your future. Feel free to contact us to look at your specific situation.  We are here to help.

Services

  • Financial Planning
  • Financial Strategies
  • Retirement Vehicles
  • Tax Planning
  • Account Login

Financial Articles from BCS

7 Ways to Help Cut College Costs

7 Ways to Help Cut College Costs

Parents may assume they earn too much to qualify for financial aid. However, there are a number of strategies that even … [Read More...]

How Parent & Child Assets Impact Financial Aid Packages

How Parent & Child Assets Impact Financial Aid Packages

Parents with big investments and home equity generally find it harder to get financial aid for their college-bound … [Read More...]

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About Brooks Capital Strategies

Adam Brooks Certified Investment Advisor in Bend Oregon
Why should you trust BCS with your financial future? Read more about us and find out.

Reviews of BCS

Darryl Dman Henderson
Darryl Dman Henderson

5 out of 5 stars

posted 1 year ago

Adam Brooks and Brooks Capitol Strategies understands that every client is unique, and so also are their financial situation. No cookie-cutter product sales here. We knew this right after our initial no-pressure consultation with them.

They took the time to understand ALL of the things in our lives that are important to us, and came up with very creative options for our financial security. Adam is an excellent listener and communicator.

He is very sympathetic to our specific challenges (there were many). He is one of the most creative and “outside the box” thinkers you will ever encounter. We went in thinking we had “too little-to too late”. Not so!

We are so glad to have Adam on OUR team and highly recommend him and his staff. Thank you Adam!

Contact Us

Office - click for directions
360 SW Powerhouse Drive, Suite 310
Bend, OR 97702

T: 541-330-6411 or 877-330-6411
E: brooks@brookscs.com F: 541-382-0325

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