Taxable Equivalent Yield  

Municipal bonds are sold by cities, counties, states and other political bodies (public hospital, school district).

The federal government and its agencies do not sell municipal bonds. However, most municipals are free of federal taxes. Because of this, the stated interest rate on municipals is typically lower than comparable non tax-exempt bonds.

How much would you have to receive from a taxable bond to realize an equivalent yield? You can find the answer by entering the following information:

     


What is your federal income tax bracket?

What is the yield (in percentage points, 0 to 10 percent) on the municipal bond you are considering?

%
 
   
   
Retirement Planning Associates, Westlake Village, CA
200 N. Westlake Blvd., Suite 111 Westlake Village, CA 91362-3772
Phone: (805) 495-2157 Fax: (805) 371-8737
RPAmail@FinancialNetwork.com

Securities and advisory services offered through Financial Network Investment Corporation, member FINRA, SIPC.

Supervisory Office:
John Nielsen,
Financial Network Investment Corporation
200 N. Westlake Blvd, Suite 111, Westlake Village, CA  91362
805.495.2157 (fax) 805.371.8737
John L. Nielsen CA Insurance License 0636162


Retirement Planning Associates and Financial Network are not related

[ Online Privacy Policy | Important Disclosures | Privacy Promise | Order Routing Disclosure | www.financialnetwork.com ]