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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www.hendricks-inc.com
190 W. Huffaker Lane, Ste. 403 Reno, NV 89511
Phone: 775-674-6000 Fax: 775-674-6006

Securities offered through Securities America, Inc.  Member FINRA/SIPC.
Ed Hendricks, Registered Representative (Securities licensed in:  Nevada, California & Arizona)
Greg Jacobs, Registered Representative (Securities licensed in:  Nevada & California) 

Advisory services offered through Securities America Advisors, Inc.  Member FINRA/SIPC.

Ed Hendricks, Registered Investment Advisor Representative (Advisory licensed in:  Nevada, California & Arizona)
Greg Jacobs, Registered Investment Advisor Representative (Advisory licensed in:  Nevada & California)

The Investment Fiduciary standard of care applies to advisory services only.

Hendricks & Associates, Inc. is not an affiliated entity of the Securities America Companies.