Can Municipal Bonds be put into IRA's?

Do the rules allow municipal bonds, taxable and/or non-taxable, to be held in IRAs?

Bonds / Fixed Income, IRAs
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2 weeks ago
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Yes, you may invest in bonds in your IRA. All bonds would be allowed although one of the features of municipal bonds  in particular is their tax-free interest. So the yields on tax-free munis are generally lower to the equivalent rated or maturity taxable bond making munis not as attractive an investment for IRAs.

When buying a muni in your resident state you receive the federal as well as the state tax benefit. Other bonds that may be a better alternative would be taxable munis or corporate bonds.

 

 

2 weeks ago
September 2017
2 weeks ago
September 2017