是否存在免税投资?
这个问题的简单答案是“是的”.” There are two main types: (1) municipal bonds and municipal bond mutual funds and (2) tax-free money market funds.
Municipal bonds are issued by state and local governments in order to finance capital expenditures; typically, 市政债券基金投资于市政债券. Municipal bonds are generally free of federal tax because the interest from bonds issued by a state, 直辖市, or other local entity is exempt from federal taxation.
作为一个额外的好处, most states will allow a state tax exemption if the owner of the bond resides in the state of issue. 然而, if you purchase a bond outside your area of residency, 它可能要同时缴纳州税和地方税.
If you buy shares of a municipal bond fund that invests in bonds issued by other states, 你得付所得税. 除了, while some municipal bonds that are in the fund may not be subject to ordinary income tax, they may be subject to the alternative minimum tax. If you sell a tax-exempt bond fund at a profit, there are capital gains taxes to consider. 债券基金也受到同样的通胀影响, 利率, and credit risks associated with their underlying bonds. 随着利率上升, 债券价格通常会下跌, which can adversely affect a bond fund's performance.
Municipal bonds come in a variety of forms and should be selected by strict criteria based predominantly on the state’s or 直辖市’s ability to service the debt. It’s important to remember that the principal value of bonds may fluctuate with market conditions. Bonds redeemed prior to maturity may be worth more or less than their original cost. Investments seeking to achieve higher yields also involve a higher degree of risk.
Tax-free money market funds invest in short-term notes of state and local governments and can provide a high amount of liquidity. Money market funds can be invested in a wide range of securities, so it is important to analyze your options carefully before investing.
Money market funds are not insured or guaranteed by the Federal Deposit Insurance Corporation (FDIC) or any other government agency. Although money market funds attempt to preserve the value of your 投资 at $1.00 per share, it is possible to lose money by investing in such a fund.
If you decide to invest in either type of tax-exempt security, 仔细考虑不同的选择. You can purchase individual bonds, which come in denominations of $1,000. Or you might consider investing in a municipal bond mutual fund, a portfolio of bonds in which you can invest for as little as $500. Municipal bonds can also be purchased through a unit 投资 trust, a closed-end portfolio of bonds with minimums of $1,000.
Often tax-exempt securities are the most favorable for those in higher tax brackets, so it’s important to determine whether buying them would be an advantageous move for you. To decide whether municipal bonds or money market funds would be an asset to your portfolio, 计算应税当量收益, which enables you to compare the expected yield of the tax-exempt 投资 with its taxable equivalent.
例如, if you are in the 24% federal income tax bracket and invest in a municipal bond yielding 5%, this is equivalent to investing in a taxable 投资 yielding 6.58%. If you are in the 35% tax bracket and invest in the same bond, it would be the equivalent of investing in a taxable 投资 yielding 7.69%.
Also be aware that tax-exempt income is included in the formula for determining taxes on Social Security benefits. 在某些情况下, it may be necessary to limit your tax-exempt income by shifting to other tax-advantaged 投资 areas.
If they’re in line with your 投资 objectives, tax-exempt securities can be an excellent means of reducing taxable income. 向税务专家咨询你的选择.
共同基金按招股说明书出售. Please consider the 投资 objectives, risks, charges, and expenses carefully before investing. 招股说明书, which contains this and other information about the 投资 company, can be obtained from your financial professional. Be sure to read the prospectus carefully before deciding whether to invest.
The information in this newsletter is not intended as tax, 法律, 投资, 或退休建议或建议, and it may not be relied on for the purpose of avoiding any federal tax penalties. You are encouraged to seek guidance from an independent tax or 法律 professional. The content is derived from sources believed to be accurate. Neither the information presented nor any opinion expressed constitutes a solicitation for the purchase or sale of any security. This material was written and prepared by Broadridge Advisor Solutions. ©2024 Broadridge Financial Solutions, Inc.