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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Scott D. Sorrell, CLU, ChFC, CASL, CLTC
8816 Six Forks Road
Suite 301
Raleigh, NC 27615
Phone: 919-719-3817 Fax: 919-325-4517
ssorrell@capfs.com

Capitol Financial Solutions, LLC is independent of John Hancock and Signator Investors, Inc.

8816 Six Forks Road , Suite 301 - Raleigh, NC 27615

We are licensed to sell Insurance Products in the following states:
Georgia, North Carolina, South Carolina, Virginia.

We are registered to sell Securities in the following states:
North Carolina, South Carolina, Virginia.

Offering John Hancock insurance products.
Securities and Investment Advisory Services offered through Signator Investors, Inc.,
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