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 Frieden Agency
The 3300 Building 397 Little Neck Rd • Virginia Bch, VA • 23452-5768
Phone: 757-340-9777 ext. 308 • Fax: 757-463-4661
• skocen@jhnetwork.com

397 LITTLE NECK RD , THE 3300 BLDG-STE 200 - VIRGINIA BEACH, VA 23452 - 757-340-9777

We are licensed to sell Insurance Products in the following states:
California, Delaware, Florida, Georgia, Kentucky, Maryland, North Carolina, New York, South Carolina, Texas, Virginia.

We are registered to sell Securities in the following states:
California, Georgia, New York, Virginia.

Offering John Hancock insurance products.
Securities and Investment Advisory Services offered through Signator Investors, Inc.,
Member FINRA, SIPC, a Registered Investment Advisor.

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