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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McCabe Investment Advisory
5714 N. Little Falls Road, #100 Arlington,, VA 22207
Phone: 703-536-3100
Toll Free: 800-292-2159
Fax: 703-241-1182
mccabe@mccabeinvestment.com

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

5714 N. LITTLE FALLS ROAD ARLINGTON VA 22207

 We are licensed to sell Insurance Products in the following states:  DC, Maryland and Virginia

We are registered to sell Securities in the following states:  Arizona, California, Colorado, Connecticut, DC, Delaware, Florida, Louisiana, Massachusetts, Maryland, Michigan, Montana, North Carolina, New Jersey, Nevada, New York, Ohio, Pennsylvania, South Carolina, South Dakota, Virginia, Washington and West Virginia

 

McCabe Investment Advisory and Multi-Financial Securities Corporation are not affiliated companies.

The registered representative(s) and/or investment adviser representative(s) listed on this website are licensed and registered in the following states:

We are licensed to sell Insurance Products in DC,MD,VA.

We are registered to sell Securities in AZ,CA,CO,CT,DC,DE,FL,LA,MA,MD,MI,MT,NC,NJ,NV,NY,OH,PA,SC,SD,VA,WA,WV.

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