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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SagePoint Financial, Inc.
412 S. 14th Street Ponca City, OK 74601
Phone: 580 762 1121
Toll Free: 800 352 3890
Fax: 580 718 0626
sbivin@bivinandassociates.com

*Securities and insurance services offered through SagePoint Financial, Inc., Member FINRA/SIPC. This communication is strictly intended for individuals residing in the states of AR, AZ, CA, CO, FL, GA, HI, IL, KS, LA, MO, NE, NJ, NM, ND, OK, OR, TX, and VA. No offers may be made or accepted from any resident outside the specific state(s) referenced.

Investment advisory services offered through Bivin & Associates a registered investment advisor not affiliated with SagePoint Financial.


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