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?

%
 
   
   
www.icadickinson.com
683 State Avenue Suite H Dickinson, ND 58601
Phone: 701-483-1100
or
1-888-307-1100
Fax: 701-483-1101
ronald.schmidt@investmentcenters.com

The Registered Representative or Investment Advisor Representative in question may only transact business in a state if ifirst registered with that state.  We are registered to sell Insurance and Securities in the following states: Arizona, California, Colorado, North Dakota, Oregon, South Dakota, and Wyoming.   Securities, advisory services and insurance products are offered through Investment Centers of America, Inc., member FINRA, SIPC, a Registered Investment Advisor and its affiliated insurance agencies.


ICA Privacy Policy