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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The Lynn Advisory Group, LLC
47 Sunrise Drive • Montvale, NJ • 07645
Phone: 201-476-1908 • Fax: 201-476-1434
• rcurtin@iacadvisor.com

Richard B. Curtin is a Registered Representative of and offers securities products & services through Royal Alliance Associates, Inc. Member FINRA/SIPC, a registered broker-dealer. In this regard, this communication is strictly intended for individuals residing in the states of AR, CA, CO, CT, FL, NC, NJ, NY, OR, PA, TX & VA. No offers may be made or accepted from any resident outside the specific state(s) referenced.

Richard B. Curtin is also separately registered as an investment advisor representative under Investment Advisors Asset Management LLC, a Registered Investment Advisor registered with the Securities and Exchange Commission. As such, advisory services are strictly intended for individuals residing in the states where we have notice filed: CA, FL, NC, NJ, NY, PA, TX & VA.



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