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?

%
 
   
   
Lifetime Strategies Group a Member of John Hancock Financial Network
5005 Lyndon B. Johnson Freeway
Suite 750
Dallas, TX 75244
Phone: (972) 774-0700 Fax: (972) 774-1652
dfw@jhnetwork.com

Lifetime Strategies Group is indepedent of John Hancock and Signator Investors, Inc.

5005 LBJ Fwy , Suite 750 - DALLAS, TX 75244 - 972-774-0700

We are licensed to sell Insurance Products in the following states:
Arkansas, California, Florida, Georgia, Louisiana, Maine, New York, Texas.

We are registered to sell Securities in the following states:
Arkansas, Arizona, California, Colorado, Connecticut, Florida, Georgia, Hawaii, Iowa, Illinois, Indiana, Kansas, Kentucky, Louisiana, Maryland, Maine, Michigan, Minnesota, Montana, North Carolina, New Jersey, New York, Ohio, Oklahoma, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Virginia, Wisconsin.

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

Privacy Policy