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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Siebrasse & Associates, LLC
4112 27th Avenue South Minneapolis, MN 55406
Phone: 612-724-5195 Fax: 612-724-5195
dianne@sailingtofreedom.com

Dianne Siebrasse, CFP

Financial Services Professional
Siebrasse & Associates, LLC
4112 27th Ave. So.
Minneapolis, MN 55406
Ph/Fax 612-724-5195

Securities offered through Questar Capital Corporation (QCC)
Member FINRA/SIPC.  5701 Golden Hills Drive
Minneapolis, MN 55416, 888/446-5872
Advisory Services offered through Questar Asset Management (QAM)
A registered investment advisor
Siebrasse & Associates, LLC is independent of Queststar Capital Corporation (QCC), and Questar Asset Management (QAM)