We all know how dismal earning rates currently are for Certificates of Deposit and other investments. Anita Bowman-McCormick of Edwards Jones enlightened us on the use of Tax-Free Investing to build your financial accounts.
It's not what you make, it's what you keep. There are three primary ways to earn tax-free income: Municipal Bonds, Retirement Accounts and Life Insurance. Tax-Free Investing definitely deserves a spot in your portfolio. See the Tax-Free Yield chart to compare tax-free equivalent yields. Example: an investment in a tax-free bond earning 3% would be equal to a taxable account earning 4% because you would then have to pay taxes on the taxable earnings. If you would like further information on this investment approach, feel free to contact Anita directly.
Tax-Free Equlvalent Yield Chart -
Click Here
Anita's Business Card -
Click Here
