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 marginal tax bracket?

What is the yield (in percentage points) on the municipal bond you are considering?

%
 
   
   
Live Oak Financial Services, LLC
334 Stephenson Avenue
Savannah, GA 31405
Phone: 912-629-6251
866.629.6251
Fax: 912-355-0906
www.liveoakfinancialservices.com info@liveoakfs.com
Securities offered through Securities America, Inc., Member FINRA/SIPC, Seth Kovensky,  
Registered Representative. Advisory Services offered through Securities America Advisors, Inc.,  
An SEC Registered Investment Advisor, Seth Kovensky, Investment Advisor Representative.  

Live Oak Financial Services, LLC and the Securities America companies are unaffiliated. 


Licensed to offer securities products in AE,AP,FL,GA,HI,KY,MD,MN,NC,NM,SC,TX,VA

Licensed to offer insurance products in GA,HI,MD,MN,NC,SC,TX,VA