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?

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Jim Barlow Advisors
2317 North Hill Field Road Suite 102 Layton, UT 84041
Phone: 801-773-1644
Toll Free 888-740-0250
Fax: 801-773-1574
jim@jimbarlowadvisors.com

Securities and advisory services offered through Financial Network Investment Corporation, member FINRA, SIPC.


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Investment and Insurance products and services from this representative(s) available to residents of Utah and Idaho. (Some of our representatives may be registered in other states. Please call contact our office to inquire about your state.)


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