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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Fowler Maxwell & Company PC
24 Andrews Way Kingsland, GA 31548
Phone: (912) 882-3790 Fax: (912) 882-5909
email@FowlerMaxwell.com

William R. Maxwell and Nancy E Gunn are registered representatives registered to transact business with clients in Georgia, William R. Maxwell is also registered to transact business with clients in Florida, Maine, Massachusetts, North Carolina and West Virginia, William R. Maxwell is advisory licensed in the following states, Florida, Georgia and Massachusetts and is also an insurance agent licensed in Georgia. If you are not a resident of the states noted above, all investment-related information on this site is for informational purposes only and does not constitute a solicitation or offer to sell securities or insurance services over the internet. Securities offered through H.D. Vest Investment ServicesSM, Member: SIPC, Advisory Services offered through H.D. Vest Advisory ServicesSM, 6333 North State Highway 161, Fourth Floor, Irving, TX 75038, 972-870-6000.

Investments & Insurance Products:
Are not insured by the FDIC or any federal government agency
Are not deposits of or guaranteed by the bank or any bank affiliate
May lose Value 

Fowler, Maxwell & Company PC, is not a Registered Broker/Dealer or Independent Advisory Firm.
 

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