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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Mission Financial Services
7804 Montgomery Avenue

Suite One		 • Elkins Park, PA • 19027
Phone: 215 635-6300 • Fax: 215 635-3354

Roland R McDuell is a registered representative registered to transact business with clients in  Delaware, Florida, Maine, New Jersey, Oregon, Pennsylvania and Virginia. Roland R McDuell is advisory licensed in the following states: Arizona, Florida, Oregon, Pennsylvania and Virginia.  Roland R McDuell is also an insurance agent licensed in Pennsylvania. Dawn L McDuell is a registered representative registered to transact business with clients in Pennsylvania.  Dawn L McDuell is advisory licensed in the Pennsylvania.    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 Services SM, 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

Mission Financial Services is not a registered broker/dealer or independent investment advisory firm.