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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Selective Benefits Group
17 Wilrich Glen • Morristown, NJ • 07960
Phone: 646-820-401k • Fax: 973-359-8822
• abluestone@sbgroup.com rbrown@sbgroup.com

Securities and investment advisory services are offered solely through Ameritas Investment Corp. (AIC). Member FINRA/SIPC. AIC and Selective Benefits Group are not affiliated. Additional products and services may be available through Andrew S. Bluestone, Richard L Brown, or Selective Benefits Group that are not offered through AIC.

Representitives of AIC do not provide tax or legal advise. Please consult your tax advisor or attorney regarding your situation. This is not an offer of securities in any Jurisdiction, nor is it specifically directed to a resident of any jurisdiction. As with any security, request a prospectus from your registered representitve. Read it carefully before you invest or send money. Securities products are limited to residents of NY, NJ, CT, PA, CO, NM, SC, UT, and FL.