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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Hahn Financial Group, Inc
3101 S. Phillips Ave Sioux Falls, SD 57105
Phone: (605) 275-3600 Fax: (605) 275-9595
VerlynHahn@HahnFinancialGroup.com KellyHahn@HahnFinancialGroup.com LanitaHerbener@HahnFinancialGroup.com JerryBetzler@HahnFinancialGroup.com BryanSlama@HahnFinancialGroup.com PaulCurley@HahnFinancialGroup.com LarryDogs@HahnFinancialGroup.com PaulBackhaus@HahnFinancialGroup.com MichaelFitzgerald@HahnFinancialGroup.com JayProuty@HahnFinancialGroup.com WELS403b@HahnFinancialGroup.com ELS403b@HahnFinancialGroup.com LutheranBenefits@HahnFinancialGroup.com