Tax-Free Investing
Are you looking for tax-free investments?
If you wish to be included in our e-mail list to receive new offerings, please send your request to molinaa@stifel.com. 
Income from particular municipal bond issues may or may not be subject to state and alternative minimum taxes.
Tax Exempt Municipal Bonds
Tax-exempt municipal bonds are among the most popular types of investments available today, and with good reason. They offer a wide range of benefits, including:
- Attractive current income free from federal and, in some cases, state and local taxes;
- High degree of safety with regard to payment of interest and repayment of principal;
- Predictable stream of income;
- Wide range of choices to fit in with you investment objectives with regard to investment quality, maturity, choice of issuer, type of bond and geographical location; and
- Marketability in the event you must sell before maturity. (The value of the bond is subject to market risk if sold prior to maturity.)
Municipal Bonds
Municipal bonds are debt obligations issued by states, cities, counties and other governmental entities to raise money to build schools, highways, hospitals, and sewer systems, as well as many other projects for the public good.
When you purchase a municipal bond, you are lending money to an issuer who promises to pay you a specific amount of interest (usually paid seminannually) and return the principal to you on a specific maturity date.
Not all municipal bonds offer income excempt from both federal and state taxes. There is an entirely separate market of municipal issues that are taxable at the federal level, but still offer a state - and often local - tax exemption on interest paid to residents of the state of issuance.
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