As baby boomers move toward retirement, they will be converting some portion of their equity holdings to tax-free bonds to produce income for their retirement. John C. Boggle, founder and former chairman of Vanguard Group, also sees a return to more modest equity valuations. This increased demand will force yields down further. If you are ready to jump on the bondwagon , buying a block of the bonds listed below is a great way to start. These bonds can be delivered in registered form and are not subject to the Alternative Minimum Tax.
Quantities are limited.
Please call or e-mail for more information. Click here to buy these bonds online. E-mail the author. Interest from tax-free municipal bonds is exempt from federal taxes. Dependant upon the investor's state of residence, interest from certain municipal bonds issues may be subject to state and local taxes.