Build America Bonds: A New Bond in Town
May 7, 2009
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By Helen Modly, CFP, CWPA, and Sandra Atkins, CPA/PFS
The first round of Build America Bonds appeared last month to a receptive market. These new bonds can be issued as taxable bonds or tax-credit bonds. The interest so far has been mainly institutional, but they may become attractive to clients and prospects who understand their tax implications.