The 10-year Treasury yields 4.43%, which sounds competitive until a high earner runs it through the tax screen. At the top ...
A 30-year AA-rated municipal bond currently yields 4.75%, and that number looks modest next to a 7% corporate bond. But for a high earner in the top federal bracket, the muni wins by a wide margin ...
JPMorgan Equity Premium Income ETF (JEPI) lists an 8.5% distribution yield but delivers only 5.5% after taxes for high earners in the 32% federal bracket due to ordinary income treatment of premium ...
VTEB is one of the largest municipal bond ETFs in the market, with a tax-advantaged 3.3% dividend yield. VTEB holds high-quality, AA-rated municipal bonds with moderate-to-high rate risk and minimal.
High earners in the top federal tax brackets stand to benefit most from high yield munis, where tax-equivalent yields can significantly exceed comparable taxable bonds.
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. A 30-year AA-rated municipal bond currently yields 4.75%, ...