Wealthy Retirees Have A Special Loophole With A High Yield Municipal Bond ETF
YahooMichael Williams
Wealthy Retirees Have A Special Loophole With A High Yield Municipal Bond ETF
When retirees face higher tax brackets from pension income, Social Security, and portfolio withdrawals, every percentage point of yield eaten by taxes matters. JPMorgan Municipal Bond ETF (NASDAQ:JMUB) addresses this challenge through federally tax-exempt municipal bond income. For retirees in the 32% bracket, the fund’s 3.5% yield delivers ...
5 days ago
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