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 marginal tax bracket?

What is the yield (in percentage points) on the municipal bond you are considering?

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Keystone Wealth Management
529 Fayette Street
suite 200
Conshohocken , PA 19428
Phone: 877-279-0574 Fax: 610-862-5752
www.keywealthman.com ryan.leib@keywealthman.com robert.leib@keywealthman.com

The professionals of Keystone Wealth Management are Registered Representatives and Investment Adviser Representatives with/and offer securities and advisory services through Commonwealth Financial Network, member FINRA/SIPC, a Registered Investment Adviser.  This communication is strictly intended for individuals residing in the states of CA, DE, FL, IL, MD, NC, NJ, NY, PA, RI andVA.  No offers may be made or accepted from any resident outside these states due to various state regulations and registration requirements regarding investment products and services.

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