6.1% Muni Yield (100%− 37% federal tax− 3.8% NIIT− 10% state tax− 1% local tax) = 12.66%To look at it from a different angle, suppose a bond pays 12.66%, as in the above example. That's $126.60 annually for a par value of $1,000. If you pay 37% of your incom...
The article discusses the state of the municipal bond market as of May 2012. One factor for the current bond market worries is the ceaseless concerns on the shaky finances of bond issuers. Bank analyst Meredith Whitney predicted that there would be hundreds of municipal defaults and hundreds of...
Best Tax-Free Muni Bond Funds Municipal bond funds can provide exemptions from federal and, in some cases, state taxes. Tony DongFeb. 25, 2025 Top T. Rowe Price Funds for Retirement Found in many 401(k) plans, T. Rowe Price funds offer choices for various retirement goals. Kate Stalter...
Rates are very low right now, but there is an interesting facet to EE bonds: the Treasury guarantees the bond will double in value if held to maturity (which is 20 years). That equates to approximately a 3.5% return on your investment. If you don’t hold to maturity you will only ge...
Is the Fed done cutting rates? How long a pause might last—plus, why other rates have been rising. Content Type:Article Reading Time4 min Save Economic outlook: Fourth quarter 2024 US economy helped drive stock prices and bond yields. ...