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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Shore Financial Group, LLC "Wealth Management & Retirement Planning"
114 Pratt Road • Clinton, CT • 06413
Phone: 860-664-9028; 888-97-SHORE • Fax: 860-669-1719

Securities and investment advisory services offered through Ameritas Investment Corp. (AIC).  Member FINRA/SIPC.  AIC and Shore Financial Group, LLC are not affiliated. Securities products are limited to residents of CO, CT, FL, MD and NY.

This is not an offer of securities in any jurisdiction, nor is it specifically directed to a resident of any jurisdiction.  As with any security, request a prospectus from your Registered Representative.  Read it carefully before you invest or send money.  A Representative from Shore Financial Group, LLC will contact you to provide requested information.

Representatives of AIC do not provide tax or legal advice.  Please consult your tax advisor or attorney regarding your situation.