The federal government does not tax most activities of states and municipalities, thereby giving most muni bonds tax-exempt status. However, some activities do not fall under this taxexemption. For instance, coupon payments for muni bonds sold to fund those activities are federally taxed, with one...
If you're covered by Medicare, the federally tax-exempt interest from municipal bonds may increase the amount you pay for Medicare Part B or Medicare prescription drug coverage. If you're married and filing jointly and your MAGI is more than $206,000 ($103,000 for single filers), you wil...
As we mentioned, a Roth IRA is just a vessel for your retirement investments. You can open a Roth IRA with a trustee or custodian at a bank, a federally insured credit union, a savings and loan association, or an entity approved by the IRS to act as trustee or custodian. How to open...