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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Leonard Digate Income Planning
506 West Marion Street Prospect Heights, IL 60070-1426
Phone: (847) 870-7070 Fax: (847) 394-9346

Ausdal Financial Partners, Inc.
220 N. Main Street #400
Davenport, IA 52801
(563)326-2064
leonarddigate@leonarddigate.com

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Leonard T. Digate is a Registered Representative of Ausdal Financial Partners, Inc. Securities offered through Ausdal Financial Partners, Inc. Member FINRA/SIPC 220 N.Main Street #400, Davenport, IA 52801 (563) 326-2064

Leonard Digate Income Planning and Ausdal Financial Partners are Independently Owned and Operated.

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