Guide to Municipal Bonds: Tax-Advantaged Investing in Local Projects
Exploring the Benefits of Municipal Bonds for Tax-Advantaged Investing
Municipal bonds are a popular investment option for individuals looking to maximize their tax advantage while supporting local projects. One of the greatest benefits of municipal bonds is their tax-exempt status. Interest income earned from municipal bonds is typically free from federal taxes and, in some cases, state and local taxes as well. This tax advantage can be especially appealing for investors in high-income tax brackets.
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