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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Atherton Kiehn
705 West Hill Drive
 • Aledo, TX • 76008
Phone: (817) 613-8394 • Fax: (817) 594-5654

Securities are offered through representaives of Lincoln Financial Securities, Member SIPCwww.sipc.com to residents of AL, AR. MI, OK, TX, and TN.

 Advisory services offered through Level Four Advisory Services, LLC. 

Level Four Advisory Services, Atherton Kiehn, & Byrnes Inc.  and Lincoln Financial Securities are not related entities.