Muni ETF And Mutual Funds For State And Federal Tax Savings I was recently embarrassed when a friend of mine asked if there were any tax free investments he could make that didn't involve a lot of watching over and provided an steady flow of interest or dividends, and I forgot about mu...
Tax-free municipal bond specialist servicing High-Net-Worth investors for over 40 years For High-Net-Worth individuals, tax free municipal bonds are among the most popular types of investments and one of the few tax shelters available today. Under present federal income tax law, the interest inc...
Munis arenotall tax free. Issuers of muni bonds need to meet several requirements in the federal tax code for interest on their bonds to be tax exempt. Maybe most noteworthy is that munis must be issued to finance projects or services that have a public purpose; for example, constructing a...
Interest income on individual municipal bonds may not be tax-exempt, depending on the bond issuer, the type of bond, or your state of residence. Interest income on bonds issued by U.S. states, cities, counties, their enterprises, and U.S territories is generally federal-tax-exempt, and st...
Buried in the Obama administration's budget is a proposal that would destroy state and municipal finances. Overturning a provision that has been central to the Revenue Code since 1913, it would impose for the first time a federal tax on municipal bond income. The result would be irreparable ...
with a $3.5 billion deal. Connecticut, Florida, Kentucky, Missouri and New York City also raised money for infrastructure projects through the Build America Bonds program, which provides 35 percent interest rebates from the federal government for selling taxable debt in lieu of borrowing tax-free....
Since muni bond interest is exempt from federal taxes, muni ETFs are a good way for investors seeking tax-exempt income, especially those in higher tax brackets. Due to its tax-exempt status, the asset category is also best utilized in taxable accounts. ...
The past few weeks saw the tax-free municipal bond market back up in yield – and down in price. May 2013 was the worst May for the muni market in more than 25 years. And May is traditionally a good month for the muni market because the tax selling of…
The interest on U.S. Treasury bonds is subject to federal income taxes. The yield and interest on municipal bonds are net to the holder. Therefore, muni yields are considered “after-tax yields.” The ratio compares the net muni yields to the after-tax yield of Treasury bonds, which is ...
This fund tracks an index of municipal bonds, a slice of the bond market that is highly coveted due to its tax features. These bonds are generally free from federal taxes and in some cases, state and local income taxes as well making these funds crucial components of portfolios for those ...