Fortune USA 201906

(Chris Devlin) #1
Dubbed one of the ‘Wonders of the Modern World’, the Golden Gate Bridge opened to the public on
May 27, 1937. At the time, it was both the longest and the tallest suspension bridge in the world, with
a main span of 4,200 feet and a total height of 746 feet. It is still the tallest bridge in the United States,
transporting 110,000 vehicles every day. To help raise the $35 million it cost to build, the authorities in
California issued tax-free municipal bonds.

© 2019 Hennion & Walsh Inc. Securities offered through Hennion & Walsh Inc. Member of FINRA, SIPC. Investing in bonds involves risk
including possible loss of principal. Income may be subject to state, local or federal alternative minimum tax. When interest rates rise,
bond prices fall, and when interest rates fall, bond prices rise. Past performance is not a guarantee of future results.

Still Going Strong
And, just like that iconic structure,
municipal bonds are still going strong today
as a way for investors to invest in civic
projects, while earning income that’s free
of federal taxes and potentially state taxes.

Many US investors use municipal
bonds as part of their retirement
planning. Here’s why:

Tax-Free Income
Income from municipal bonds is not subject
to federal income tax and, depending on
where you live, may also be exempt from
state and local taxes. Tax-free income can
be a big attraction for many investors.

About Hennion & Walsh
Since 1990 Hennion & Walsh has
specialized in investment-grade tax-
free municipal bonds. The company
supervises over $3 billion in assets
in over 16,000 accounts, providing
individual investors with institutional
quality service and personal attention.

Our FREE Gift To You
In case you want to know more about
the benefi ts of tax-free Municipal Bonds,
our specialists have created a helpful
Bond Guide for investors. It’s free and
comes with no obligation whatsoever.


The Golden Gate Bridge was fi nanced with municipal bonds.


FREE Bond Guide

Without cost

or obligation

Call (800) 316-2804
Free download pdf