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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Navigator Financial Services
8 Lake St. • Webster, MA • 01570
Phone: 508-949-8500 • Fax: 508-949-8507
• ckaliszewski@tfamail.com

 

Carl Kaliszewski is an Investment Advisor Representative with and securities and investment advisory services offered through Transamerica Financial Advisors, Inc. (TFA) Member FINRA, SIPC & a Registered Investment Advisor.  Non-security products and services are not offered through TFA.  Navigator Financial Services is not affiliated with TFA. 

 

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Carl Kaliszewski is currently licensed to sell securities in the following states: CA, CT, FL, MA, ME, NM, RI & VT.

 

 

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