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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Cents & Sensibility
Cents & Sensibility, Inc.
5890 Stoneridge Drive, Suite 103
Pleasanton, CA 94588
Phone: 925-225-1135 or
toll free 877-CENTS11
Fax: 925-225-1227
Sharon@centsandsensibility.com Laurie@centsandsensibility.com Lisa@centsandsensibility.com Kristy@centsandsensibility.com Robyn@centsandsensibility.com

Sharon Almeida is a Registered Representative with VSR Financial Services, Inc., a FINRA Registered Broker-Dealer.  While VSR Financial Services, Inc. is registered to sell securities products in all 50 United States and the District of Columbia, Sharon Almeida is currently registered to sell securities products in AZ., CA., CO., GA., HI., MA., MN., NV., NM., TN.

Securities and advisory services offered through VSR Financial Services, Inc. a registered investment advisor and Member FINRA/SIPC.  Cents & Sensibility, Inc. and VSR Financial Services are not affiliated companies.