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?

%
 
   
   
Wealth Investment Network, Inc.
909 Wright Summit ParkwaySte. 130 • Fort Wright, KY • 41011
Phone: 859-344-7460 • Fax: 1-513-672-0060
• danneken@winfp.com; krusso@winfp.com

Securities offered through 1st Global Capital Corp., Member FINRA, SIPC

Investment advisory services offered through Wealth Investment Network, Inc.

Wealth Investment Network, Inc., a registered investment adviser, is not affiliated with 1st Global Capital Corp.

We currently have individuals licensed to offer securities in the states of  AZ, FL, GA, IN, KY, NC, OH, and TN. This is not an offer to sell securities in any other state or jurisdiction.

Privacy Policy