Municipal Bonds

President Obama proposed on 2/26/09 in his fiscal year 2010 budget plan to increase the top individual marginal tax bracket to 39.6% as of calendar year 2011.  The current top marginal tax bracket is 35%.

Investing in tax free Municipal Bonds can create an income generating portfolio that is free of income taxes.  Tax free income becomes greater and greater in terms of after tax dollars the higher your tax bracket is.  Municipal bonds are federally tax free but may be subject to state and local taxes, and may be subject to alternative minimum tax.

If you would like to discuss municipal bonds, please give us a call or simply complete our contact form and we will call you within 24 business hours.

For more information about municpal bonds, please click here: Investing In Municipal Bonds