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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Springfield Wealth Advisors
3556 Culpepper Circle, Ste 4A Springfield, MO 65804
Phone: 417-886-8500 or 1-800-299-5725 Fax: 417-886-8905
mikehorn@springfieldwealthadvisors.com

IMPORTANT CONSUMER INFORMATION

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The information within this website is believed to be correct but is dependent on outside sources. It is not intended to give tax or investment advise. This information should be given in person from a professional that has taken the time to review your assets, needs, and circumstances before making a recommendation.



Michael E. Horn



Springfield Wealth Advisors, Inc.



3556 Culpepper Circle, Suite 4A



Springfield, MO 65804







(417) 886-8500



1-800-299-5725







Securities offered through Investment Planners, Inc.

Member FINRA & SIPC


 

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