Calculates the tax equivalent bond yields for Municipal Bonds, Treasury/Agency Bonds, and Fully Taxable Bonds.
Downloads the U.S. Treasury Daily Yield Curve Rates and creates an equivalent yield curve table for Municipal and Fully Taxable bonds based on your personal tax bracket.
The calculator is designed to compare the yields of tax free bonds and taxable bonds, to determine which security returns the highest yield. The calculator takes into consideration the marginal federal and state tax rates of the investor.
Equivalent yields are computed for each of the following bond types:
* In-State Municipal bonds
* Out-of-State Municipal bonds
* Treasury & Agency bonds
* Fully Taxable bonds i.e. Corporate bonds and CDs
The app takes the guess work out of selecting the highest yielding bond after taxes.