What are tax free municipal bonds?

A municipal bond is an agreement between a municipality (states, cities, counties, school districts, agencies) and a group of lenders (usually private parties) known as bond holders. The municipality agrees to repay the loan on a specific date, and to pay interest periodically at a fixed rate.

Are they really tax free?

Yes! Municipal bonds are typically free of local and state income taxes, and some are free of federal income taxes. They provide attractive benefits to the individual investor and offer a reliable method for municipalities to raise funds for community projects like bridges, schools, roads, civic buildings and parks.

What’s the benefit of tax free investing?

What can I do at this website?

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