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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Taylor & Padgett Financial Group

51 W. Hollamon Street
Camp Verde, AZ 86322
 •
1555 Plaza West
Prescott, AZ 86303, 		•
Phone: Camp Verde
928-567-9512
(866) 567-9512
Prescott
928-778-0933
(800) 953-0933 		• Fax: Camp Verde 928-567-3364
Prescott 928-778-4902
Email Camp Verde Office: jttaylor@royalaa.com
Email Prescott Office: jodi@tppfinancial.com

Securities and advisory services offered through Royal Alliance Associates, Inc., member FINRA/SIPC and a registered investment advisor.

Charles E. Taylor, Jodi O. Padgett, and Alan Anderson offer additional advisory services offered through TAYLOR & PADGETT FINANCIAL GROUP LLC, a registered investment advisor not affiliated with Royal Alliance Associates, Inc.

This communication is strictly intended for individuals residing in the states of AK, AL, AR, AZ, CA, CO, CT, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, MA, MI, MN, MO, MT, NC, NE, NH, NM, NV, NY, OH, OK, OR, PA,SD, TX, UT, VA, WA, and WY. No offers may be made or accepted from any resident outside the specific state(s) referenced.

IMPORTANT CONSUMER INFORMATION

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