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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Acorn Financial Services
290 West Mount Pleasant Avenue
Suite 3100
Livingston, NJ 07039
Phone: 973-716-7583 Fax: 973-994-2986
rlecky@acornfs.com


ACORN FINANCIAL SERVICES IS INDEPENDENT OF JOHN HANCOCK LIFE INSURANCE COMPANY AND SIGNATOR INVESTORS, INC.

290 West Mount Pleasant Avenue , Suite 3100 - Livingston, NJ 07039 - 973-994-0100

We are licensed to sell Insurance Products in the following states:
Illinois, New Jersey.

We are registered to sell Securities in the following states:
Florida, Illinois, New Jersey, New York.

Offering John Hancock insurance products.
Securities and Investment Advisory Services offered through Signator Investors, Inc.,
Member FINRA, SIPC, a Registered Investment Advisor.

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