Explore the history and downfall of the Washington Public Power Supply System (WPPSS), famously dubbed 'Whoops', which led to the largest municipal debt default in U.S. history.
Discover the advantages and key elements of tax-exempt interest and how it can help optimize your income. Learn the nuances and practical implications for various types of investments and tax scenarios.
Explore the benefits and intricacies of exempt-interest dividends, investments that can save you from federal income tax liabilities. Learn how high-net-worth individuals leverage these dividends, the role of state taxes, and the implications of the alternative minimum tax (AMT).
Discover the essentials of the bond market including its history, types, trading, and the advantages and disadvantages of investing in bonds. Learn how bonds fit into your investment portfolio.
Delve into the concept of underlying debt in municipal bonds—the implicit backing of smaller entities by larger government bodies—and its impact on finance, investment, and creditworthiness.
Discover the different types of exempt income to maximize your tax savings and achieve financial freedom. Learn about tax-exempt benefits, investments, and the latest guidelines.
Learn how workable indication offers flexibility in the pricing of municipal bonds. Understand its purpose, benefits, and how it's used in the muni bond market.