Plancorp, Inc. - Your Employee Benefits and Financial Services Resource - Taxable Equivalent Yield : Calculator: 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:

Securities offered through Registered Representatives of Walnut Street Securities, Inc. member FINRA /SIPC. Investment advisory services and financial planning services offered through Financial Management Strategies, Inc. Financial managment strategies and Plancorp, Inc. are not affiliated with Walnut Street Securities, Inc. Neither WSS nor its representatives offer tax or legal advice. Please consult your tax advisor or attorney for guidance.