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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Gemini Financial Services, Inc.
8373 Piney Orchard Parkway Suite 100 • Odenton, MD • 21113
Phone: 410-672-5500 or call us Toll free
1-866-GEMINI2 (436-4642)		 • Fax: 410-672-7900
• dmagayna@gemini-advisors.com

Securities and Investment Advisory Services offered through H Beck, Inc., Member FINRA/SIPC.

Gemini Financial Services, Inc. and H Beck, Inc are unaffiliated companies.

We are licensed to offer securities and investment advisory services in MD, NY, PA, CO, KS and WV. We are licensed to offer insurance products in MD,  PA, NY, OH and WV. No services, investment or insurance products are offered outside of those states.

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