: Recommended for California residents to avoid state taxes.
The muni market is at an "inflection point" with favorable technical conditions through year-end. buy muni bonds
: A popular low-cost choice (0.03% expense ratio) for national exposure. : Recommended for California residents to avoid state taxes
Municipal bonds, or "munis," are debt securities issued by state and local governments to fund public projects like schools and infrastructure. In April 2026, they remain a top choice for investors in high tax brackets because their interest is generally exempt from federal income tax. buy muni bonds