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What is a Municipal Bond and am I exempt from paying tax?
Municipal bonds, which are issued by cities, states and other local government entities, are free from federal taxes. And if the bond is issued in the state in which you live, they're also free of state and local taxes.
What is the nature of the risk associated with risk-free US government bonds?
'Risk-free' US government bond shave virtually no risk of default, but they are exposed to interest rate risk - the chance that interest rates will rise, causing bond prices to fall and investors to experience either a real or an 'opportunity' loss
How do you get free ringtones for a government cell phone?
how do I get ringtones on my government issued phone its from qlink wireless
Why are government bonds generally considered risk-free?
They are considered credit "risk free" because the government can always print money to repay bond holders. It doesn't mean thay will! The reality is that there is a degree of credit risk, although generally small, but the government bonds do exhibit other risks (such as interest rate risk).
What services do NSandI premium bonds provide?
The NS&I Premium Bonds is a lottery bond issued by the United Kingdom. Premium Bonds was introduced by Harold Macmillan in the year 1956 and provides instead of paying the interest to a bond, it pays with a prize fund from which a monthly lottery distributes tax-free prices.
Where can one find information about interest free home loans?
Interest free home loans are available from banks and building societies. You may also find information on interest free loans from your local council or government.
What is the closest thing to a risk-free investment?
While there is no truly risk-free investment, bonds backed by the full faith and credit of the U.S. government are the closest thing to a risk-free investment. This would include Treasury Bills, Notes, or Bonds. You can buy these bonds yourself without using a broker by setting up an account at TreasuryDirect.com. Bonds issued by Ginnie Mae, Fannie Mae, or Freddie Mac are now also guaranteed by the government. If your concerned about inflation you could take a look at TIPS. Note that bonds trade daily in the bond market. Bond prices rise or fall based on whether interest rates are rising or falling. So if you sell your bond before maturity you may receive more or less than the face amount of the bond. But if you hold the bond to maturity, then you're guaranteed to receive the full face value of the bond. The next closest thing to a risk free investment would be a CD as a bank whose deposits are insured by FDIC.
Enjoy Tax Free Municipal Bonds?
When you purchase a municipal bond, you are essentially loaning money to a local government. This loan gives a government the opportunity to do construction projects and fulfill other needs of the community. A municipal bond can make an attractive investment for an investor, because it is something that is not taxed. There is no tax associated with a municipal bond. A lot of people choose to add a municipal bond or set of bonds to a retirement portfolio. The only downfall with a municipal bond is that its interest rate is usually a lot lower than other types of investments.
What is the purpose of tax free bond funds?
The purpose of tax free bond funds is help investors gain interest while saving on the tax. One may find out more information from the articles listed on the site "Money Control".
What is pennsylvainia known for?
Pennsylvania Colony made its own paper money to account for the shortage of actual gold and silver. The paper money was called Colonial_Scrip. The Colony issued "bills of credit", which were as good as gold or silver coins because of their legal tender status. Since they were issued by the government and not a banking institution, it was an interest-free proposition
Into what categories are mutual funds known as bond funds divided?
Main categories in taxable bond funds are corporate bond funds, high-yield funds, world bond funds, government bond funds, and strategic income funds. The main tax-free bond fund categories are state municipal bond funds
Are there any free government brochures that explain what an IRA is?
There are two brochures. The first is the Roth brochure. The second is issued by the Arcadia Credit Union
