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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Wm Sunderland, CPA, PC
4243 NE Lakewood Way,
Suite 101
Lee's Summit, MO 64064-1994
Phone: (816) 350-9800 Fax: 816.795.8805
info@wmsunderlandcpa.com

4243 NE Lakewood Way Suite 101, Lees Summit, MO 64064
Phone: 816-350-9800   Fax: 816-795-8805   Email: 
info@wmsunderlandcpa.com

William Sunderland is a registered representative registered to transact business with clients in Arkansas, California, Colorado, Kansas, Missouri, North Carolina, and Ohio. William Sunderland is also an Investment Advisor Representative licensed in Kansas and Missouri. William Sunderland is also an insurance agent licensed in Kansas and Missouri. 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, , 6333 North State Highway 161, Fourth Floor, Irving, TX 75038, 972-870-6000

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WM Sunderland, CPA, PC is not a registered broker/dealer or independent investment advisory firm.