She Bought Vanguard’s Bond ETF for Its 4.27% Tax-Free Yield but Could Owe More Tax on Her Social Security
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The post She Bought Vanguard’s Bond ETF for Its 4.27% Tax-Free Yield but Could Owe More Tax on Her Social Security appeared first on 24/7 Wall St..
For retirees looking to turn savings into steady income, bonds are getting another look. The Federal Reserve raised its target range to 3.75%–4% in September, and the 10-year Treasury yield has climbed above 5%. A bond fund promising tax-free income can look especially appealing.
Picture a single retiree who puts $300,000 into Vanguard Tax-Exempt Bon
For retirees looking to turn savings into steady income, bonds are getting another look. The Federal Reserve raised its target range to 3.75%–4% in September, and the 10-year Treasury yield has climbed above 5%. A bond fund promising tax-free income can look especially appealing.
Picture a single retiree who puts $300,000 into Vanguard Tax-Exempt Bon
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