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?

%
 
   
   
Scott M. Culiner, CFP
901 Dulaney Valley Rd. Suite 700 • Towson, MD • 21204
Phone: Office-(410) 823-3399
Cell- (410) 340-0875 		• Fax: (410) 823-4144
• sculiner@jhnetwork.com

8607 WESTWOOD CENTER DRIVE , 3RD FLOOR - VIENNA, VA 22182 - 703-893-2550

We are licensed to sell Insurance Products in the following states:
Maryland, Pennsylvania.

We are registered to sell Securities in the following states:
California, Colorado, Florida, Georgia, Maryland, North Carolina, Pennsylvania, Texas, Virginia.

Offering John Hancock insurance products.
Securities and Investment Advisory Services offered through Signator Investors, Inc.,
Member FINRA, SIPC, a Registered Investment Advisor.

Privacy Policy