Tax Free Municipal Bonds

Ask me about Muni Bonds:

Towns, cities, and regional and local agencies issue municipal bonds. Municipal bonds usually have lower interest rates than comparably rated corporate bonds and Treasury securities. The minimum amount required for investment in municipal bonds is $5,000.The most important feature of municipal bonds is their tax-exempt feature. Additionally, income from state and local municipal bonds can't be taxed if purchased within the geographic area. For example, New Jersey residents don't pay state taxes on New Jersey bonds. However, residents of California are subject to state income taxes on their New Jersey bonds.