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Why a California Retiree Holding BND Is Paying State Tax This Muni ETF Would Skip

Source: 247wallst.com

Tax & TariffsCredit & Bond MarketsConsumer Demand & Retail
Why a California Retiree Holding BND Is Paying State Tax This Muni ETF Would Skip

California retirees comparing bond ETFs solely on headline yield may forgo meaningful after-tax income because tax treatment can materially alter effective returns. The article highlights tax bills as a key, often overlooked factor in evaluating bond ETF income.

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