How To Buy Municipal Bonds Suze Orman [TOP]

: To avoid state taxes, you must buy bonds issued by the state where you reside. Residents of tax-free states like Florida can buy munis from any state and remain state-tax-free. 2. Prioritize Bond Types and Safety

: Suze personally favors triple-A-rated, insured zero-coupon municipal bonds . These are bought at a deep discount and pay the full face value at maturity, locking in a predictable future cash flow for retirement. how to buy municipal bonds suze orman

: Orman warns that you need to be in a high income tax bracket to make them worth it; otherwise, the lower interest rate compared to taxable bonds or Treasuries might not be a good trade-off. : To avoid state taxes, you must buy

: Orman often prefers revenue bonds over general obligation bonds. Revenue bonds are repaid by specific income streams, like bridge tolls or airport fees, which she views as more reliable. Prioritize Bond Types and Safety : Suze personally