CHAPTER 11
Municipal Bonds
TYPES
When purchasing individual municipal bonds, there are many decisions that you have to make. In this chapter, we help you decide whether you should purchase tax-exempt municipal bonds or taxable ones. Once you have made that decision, then there are many different types of bonds from which to choose. We describe all the different types, and tell you their advantages and disadvantages and any tax consequences you might incur.
Tax-Exempt or Taxable Bonds? How to Decide
How do you determine whether to purchase tax-exempt municipal bonds or taxable bonds for your non-retirement account? The greater your taxable income and the higher your tax bracket, the more likely you will seek shelter in the tax-free municipal ...
