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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Ronald A. Harczak
451 Dunham Rd, Ste 500 ------------------ Please note our NEW address • St Charles, IL • 60174
Phone: (630) 513-4600
Toll Free: (866) 513-4600		 • Fax: (630) 513-5170
• Ron@RonHarczak.com

Investments are not deposits or obligations of any bank, are not guaranteed by any bank, are not insured by the FDIC or any other agency, and involve investment risks, including the possible loss of the principal amount invested.

Securities offered through:  Securities America, Inc.  Member FINRA and SIPC
Ronald A. Harczak, a Registered Representative
Advisory services offered through:  Securities America Advisors, Inc., a SEC registered Investment Advisory Firm
Ronald A. Harczak, a Registered Investment Advisor Representative
 
2570 Foxfield Road, Suite 101, St. Charles, IL  60174
Office:  630-513-4600
 
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