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?

%
 
   
   
Robert Whelan Financial Services
2895 NORTH WESTWOOD BLVD • POPLAR BLUFF, MO • 63901
Phone: 573-785-3008 • Fax: 573-785-5271
• robert@tcmax.net

*Robert J. Whelan is a registered representative registered to transact business with clients in AZ, AR, IL, MO, NC, OK. Robert J. Whelan is also an investment adviser representative licensed in AL, AZ, FL, MO, NC . Robert J. Whelan is insurance licensed in the following states, MO, AR. If you are not a resident of the states noted, all investment-related information on this site is for informational purposes only and does not constitute a solicitation or offer to sell securities, investment advisory services or insurance services over the internet. Securities offered through H.D. Vest Investment ServicesSM, Advisory Services Offered Through H.D. Vest Advisory ServicesSM, Member:  SIPC, .

space please

space

"Investments & Insurance Products:

·Are not insured by the FDIC or any federal government agency

·Are not deposits of or guaranteed by the bank or any bank affiliate

·May lose Value"