Irongate Financial Services, Inc. - 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:

David L. Stevens is a Registered Representative of and offers securities products & services through Geneos Wealth Management, Inc. Member FINRA/SIPC, a registered broker-dealer. In this regard, this communication is strictly intended for individuals residing in the state of Colorado in which David L. Stevens securities are licensed. No offers may be made or accepted from any resident outside the specific states referenced.

David L. Stevens is also separately registered as an investment advisor representative under Irongate Financial Services, Inc. a Registered Investment Advisor registered with the State of Colorado. As such, advisory services are strictly intended for individuals residing in the states where we have notice filed: Colorado.

Advisory services offered through Irongate Financial Services Inc., Registered with the State of Colorado.

IMPORTANT CONSUMER INFORMATION:

A broker-dealer, investment adviser, BD agent, or IA rep may only transact business in a state if first registered, or is excluded or exempt from state broker-dealer, investment adviser, BD agent or IA rep registration requirements, as appropriate. Follow-up, individualized responses to persons in a state by such a firm or individual that involve either effecting or attempting to effect transactions in securities, or the rendering of personalized investment advice for compensation, will not be made without first complying with appropriate registration requirement, or an applicable exemption or exclusion.

For information concerning the licensing status or disciplinary history of broker-dealer, investment adviser, BD agent, or IA rep, a consumer should contact his or her state securities law administrator and/or FINRA at www.finra.org.