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?

%
 
   
   
Financial Assets, Inc.
12600 Deerfield Parkway Suite 100 Alpharetta, GA 30004
Phone: (678) 566-3577 Fax: (678) 566-3916
information@financialassetsinc.com

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

12600 DEERFIELD PARKWAY SUITE 140 ALPHARETTA GA 30004

 

Financial Assets, Inc. and Multi-Financial are not affiliated.

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 GA.

We are registered to sell Securities in AL,CO,FL,GA,IL,MO,MS,OK,SC,TX.

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