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?

%
 
   
   
Creating Abundance, Inc.
8101 College Blvd.,Suite 265 Overland Park, KS 66210
Phone: (913) 385-7050 Fax: (913)385-3050
cbarber@multifin.com

Securities and advisory services offered through Multi-Financial Securities Corporation, member FINRA, SIPC.

 Creating Abundance, Inc. is not affiliated with Multi-Financial Securities Corporation

 

8101 College Blvd, Suite 265, Overland Park, KS 66210 

 

We are registered to sell Securities in the following states:  AZ, CA, FL, KS, MN, MO, NC, NY, OR, PA, TX and WA.

The registered representative(s) and/or investment adviser representative(s) listed on this website are licensed and registered in the following states:

We are licensed to sell Insurance Products in KS,MO.

We are registered to sell Securities in AZ,CA,CO,FL,KS,MN,MO,NC,NY,OR,PA,TX,WA.

[ Online Privacy Policy | Important Disclosures | Privacy Promise | Order Routing Disclosure ]