Can we reduce your tax bracket by modifying your portfolio holdings? Did you know that triple tax free Muni bonds are very effective in reducing your taxes?
For some investors who are in the top tax bracket they would have to find almost twice the amount of yield in the equivalent taxable investment!
The Municipal Bond industry has experienced robust growth over the past quarter century, from asset appreciation and strong demand from households due to rising household wealth. Many individual investors hold municipal bands in some form, either through direct ownership of individual bonds or through investment in institutional portfolios. Commercial banks and insurance companies are also major institutional holders of municipal bonds.