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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Apex Financial Solutions Retirement Planning and Wealth Transfer Specialists
2816 N.W. 58th Street, Suite 103 Oklahoma City, OK 73112
Phone: 405-842-2720 Fax: 405-842-0966
dwallin@apexokc.com

Securities and investment advisory services are offered through registered representatives and investment advisor representatives of Walnut Street Securities, Inc. (WSS)  Member FINRA / SIPC. APEX Financial Solutions is not a subsidiary or control affiliate of WSS. 

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