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Hidden costs in municipal bonds

Posted by The Dopkins Wealth Team

Jan 29, 2015 7:30:00 AM

Q: Are you aware of the hidden costs in municipal bonds?

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Topics: variable interest entity, municipal bonds, muni bonds, general obligation bond, revenue bond, registered investment advisor, markups on bonds



What are municipal bonds?

Posted by The Dopkins Wealth Team

Dec 23, 2014 1:23:00 PM

Municipal bonds are debt instruments issued by municipalities in any of the 50 states by the following entities: 1) territories, subdivisions, counties, cities, towns and villages of the state, 2) school districts, 3) agencies such as authorities and special districts created by a state and 4) certain federally sponsored agencies, such as local housing authorities. Historically, the interest paid on these bonds has been exempt from federal income taxes and is generally exempt from state and local taxes in the state of issuance.

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Topics: municipal bonds, muni bonds, general obligation bond, revenue bond





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