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?

%
 
   
   
MarsJewett Financial Group, Inc.
3001 112th Ave NE Suite 102 Bellevue, WA 98004
Phone: (425) 289-5000 or (800) 500-1855 Fax: (425) 289-5005

Securities and advisory services offered through Financial Network Investment Corporation, member FINRA, SIPC.

 MarsJewett and Financial Network Investment Corporation are not affiliated companies

 

The registered representative(s) and/or investment adviser representative(s) listed on this website are licensed and registered in the following states:

We are licensed to sell Insurance Products in CA,GA,IL,KY,MT.

We are registered to sell Securities in AK,AZ,CA,CO,CT,HI,IA,ID,IL,ME,MT,NC,ND,NJ,NY,OR,PA,WA.

[ Online Privacy Policy | Important Disclosures | Privacy Promise | Order Routing Disclosure | www.financialnetwork.com ]