Use this calculator to highlight muni benefits

Use this calculator to highlight muni benefits

Conservative investors are often drawn to CDs because of their stability. But, as you know, investing too conservatively can subject a portfolio to the steady erosion of inflation and taxes. Putnam’s new online calculator lets you perform side-by-side comparisons of CDs and municipal bonds. Input tax-filing status, state of residence, and rates of return, and make comparisons using either a fixed initial investment or a target level of annual income.

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