Charlene Rhinehart is a CPA , CFE, chair of an Illinois CPA Society committee, and has a degree in accounting and finance from DePaul University. A municipal bond fund primarily invests in municipal ...
If a friend asks, “Are tax-exempt municipal bonds a better investment than taxable bonds?,” and you immediately answer with a hard “yes” or “no,” you might be doing your friend a disservice. The ...
Should you have municipal bonds in your portfolio? Municipal bonds—which provide interest payments that are generally exempt from federal taxes—offer tax advantages that can be compelling, especially ...