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May 26, 2011

Pursue Tax-Advantaged Income With Municipal Bonds

When it comes to bond yields, sometimes less is more. While municipal bonds, or “munis,” usually have a stated yield distinct percentage points below those on comparable corporate or administration bonds, the interest paid on municipal issues is generally exempt from federal and, in some cases, state and community taxes. For that cause, a municipal bond may really provide a alike or higher yield than those other options after taxes are taken into account.
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