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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Strategic Financial Partners Inc.

Main Office - Colorado Springs
1755 Telstar Drive, Suite 501
Colorado Springs, CO 80920
Phone: 719.388.2011


Office - Salt Lake City
111 East Broadway, Suite 340
Salt Lake City, UT 84111
Phone: 801.869.1800


Office - Ogden
2225 Washington Blvd., Suite 230
Ogden, UT 84401
Phone: 801.399.5409




493283 DOFU 04232012

Strategic Financial Partners Inc. is independently owned and operated, and offers its own suite of products and services entirely independent of Securian.

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