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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Century Business and Financial Services
9 Princess Road, Suite K Lawrenceville, NJ 08648
Phone: 609-620-0011 Ext 208 Fax: 609-620-0277
tjudge@tejindustriesinc.com

Lawrenceville, NJ 08648
Phone: 609.620.0011 x 208   Fax: 609.620.0277   Email: tjudge@tejindustriesinc.com

Thomas Judge is a registered representative registered to transact business with clients in CA, CO, DE, FL, NC, NJ, NY, PA, TX, VT, WY. Thomas Judge is also an Investment Advisor Representative licensed in CA, DE, FL, NJ, NY, PA, TX, VT, WY. Thomas Judge is also an insurance agent licensed in NJ, PA and FL. Russell F Judge is a registered representative registered to transact business with clients in FL. Russell F Judge is also an Investment Advisor Representative licensed in FL. 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, investment advisory services or insurance services over the internet. Securities offered through H.D. Vest Investment ServicesSM, Member: SIPC, Advisory Services offered through H.D. Vest Advisory ServicesSM,  9 Princess Road, Suite K, Lawrenceville, NJ 08648 (609) 620-0011.

Investments & Insurance Products:

• Are not insured by the FDIC or any federal government agency

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• May lose Value

Century Business & Financial Services SM is not a registered broker dealer or independent investment advisory firm.