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?

%
 
   
   
Ron Courser & Associates
2020 Raybrook St. SE,
Suite 205
Grand Rapids, MI 49546
Phone: 616-301-2581 or 1-866-424-6284 Fax: 616-301-2593
lgibson@roncourser.com

Securities offered through Kalos Capital, Inc. and Investment Advisory Services offered through Kalos Management, Inc., both at 3780 Mansell Rd. Suite 150, Alpharetta, GA 30022, (678) 356-1100. Ron Courser & Associates is not an affiliate or subsidiary of Kalos Capital, Inc. or Kalos Management, Inc.

Certified Financial Planner Board of Standards Inc. owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™ and in the U.S., which it awards to individuals who successfully complete CFP Board’s initial and ongoing certification requirements.

Ed Slott & Company has no affiliation with Kalos Capital, Inc. or Kalos Management, Inc. Neither Kalos Capital nor Kalos Management make any endorsements or opinions about the coursework required to become a member of the Ed Slott Elite Advisor Group and as such cannot guarantee the accuracy or completeness therein.

   Click for the BBB Business Review of this Retirement Planning Service in Grand Rapids MI

Privacy Policy