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?

%
 
   
   
Senior Financial Group
P.O. Box 579 Canal Fulton, OH 44614
Phone: 1 (800) 639-0824
Fax:(330) 409-0201

Email Senior Financial Group

 

Don't Renew Another CD! Call Today!   800-639-0824

Senior Financial Group does not recommend, offer, or sell stocks & securities to anyone at anytime. This web site is not intended to provide specific legal, tax, or financial advice.  Senior Financial Group recommends you seek the services of the appropriate licensed professional for your individual circumstances and needs.