Municipal bonds (often called muni bonds) are bonds that are issued by a state, city, or other local government. Interest income received from the muni bonds are often exempt from the federal income tax and from the income tax of the state from which they were issued.
Municipal bonds are subject to availability and change in price. They are subject to market and interest rate risk if sold prior to maturity. Bond values will decline as interest rates rise. Interest income may be subject to the alternative minimum tax. Municipal bonds are federally tax-free but other state and local taxes may apply. If sold prior to maturity, capital gains tax could apply.
Investment Inquiries
Email: michael.forsberg@lpl.com
Office: 320.230.8300
Cell: 320.249.1047
Hours of Operation
Monday - Friday; 8:00 am to 4:30 pm and by appointment.
At Forsberg Investments and Insurance, we pride ourselves on making your questions and investments our priority, whether you call, email, or stop by the office - we are here for you.
Securities and advisory services are offered through LPL Financial, a Registered Investment Advisor, Member FINRA\SIPC. This site is published for residents of the United States and is for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any security or product that may be referenced herein. The LPL Financial registered representatives associated with this website may discuss and/or transact business only with residents of the states in which they are properly registered or licensed. No offers may be made or accepted from any resident of any other state. Not all products and services referenced on this site are available in every state, jurisdiction, or from every person listed. The FINRA registered branch office for Michael Forsberg is 99 10th Ave S Waite Park, MN 56387.