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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Information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment advice. We can not and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues. Calculators provided by Emerald Connect, Inc.

   
   
Masiello & Associates, Estate and Wealth Preservation Council, LLC
1081 Long Pond Rd., Ste. 140 Rochester, NY 14626
Phone: (585) 720-0590 Fax: (585) 720-0592
mike@mmasiello.com kim@mmasiello.com

Securities and advisory services offered through Multi-Financial Securities Corporation, member FINRA, SIPC.

Masiello Retirement Solutions and Multi-Financial Securities Corporation are not affiliated companies.

1081 Long Pond Rd., Ste. 140

Rochester, NY 14626 (585)720-0590

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