Municipal Bonds

Municipal bonds are issued by state, county, or city governments.

REMARKS
They are generally exempt from federal tax, and are generally state tax-free for residents of the state in which they are issued. (This is not true for all states. Please see the discussion on states below for more information.) It should also be noted that though interest is tax-exempt, any capital gains are taxed at the appropriate levels.

© 2024 Better Solutions Limited. All Rights Reserved. © 2024 Better Solutions Limited Top