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Tired of forking over a large percentage of your hard earned returns to the government? There may be a way to cut out Uncle Sam. Cheat on your taxes? Never!! Why would you when you can sidestep the IRS legally - with muni bonds!! That’s right. Muni bonds are exempt from federal taxes and from most state taxes, as well.“A 4% tax free return is the equivalent of making 6% after taxes,” explains Ben Thompson of Samson Capital.
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When Less Is MoreMuni Yield Taxable Equivalent 4% 6% Source: Samson Capital**********************
“And with the Bush tax cuts expiring at the end of the year tax-exempt investments are going to become more valuable,” adds Thompson.What’s that you say? No time to put together a thoughtful basket of state or local bonds. Guess what? Some financial firms will do the leg work for you.Take a look: * SPDR Barclays Muni Fund * iShares National Muni Bond Fund * Vanguard Short Term * Vanguard Long Term
Intrigued? Want to hear more about investing in muni bonds! Check out our entire interview with Ben Thompson of Samson Capital. Watch the video now.
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