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Tax exempt income fund |
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Tax exempt income fundA mutual fund that seeks income that is exempt from federal and, in some cases, state and local income taxes.Tax exempt income fund Similar MatchesPassive incomePassive incomeIncome (such as investment income) that does not come from active participation in a business. Specified by the U.S. tax code. Income immunization strategiesIncome immunization strategiesMethodologies adopted to insure adequate future cash flow. Unearned income (revenue)Unearned income (revenue)Income received in advance of the time at which it is earned, such as prepaid rent. Income bondIncome bondA bond which provides income over its life and at maturity the original investment is returned. See: 'guaranteed income bond'. Income sharesIncome sharesShares bought in anticipation of an above average income being produced. Also referred to as high yield shares. All this really means is that the investor chooses shares in companies that have a history of paying consistently high dividends. There is no guarantee that the companies will continue to provide the same level of dividends in the future.Those shares in a split capital investment trust which receive most or all of the trust's income. The other class of shares (capital shares) get the benefit of the trust's capital growth Further SuggestionsSocial Security Disability Income InsuranceTax deferred income Grantor Retained Income Trust (GRIT) Adjusted Gross Income Passive Income Generator (PIG) unearned income Net investment income per share Section 352 of the Income and Corporation Taxes Act 1988 fixed income securities income taxable income Postponing income Joint income Fixed income securities investment income Foreign base company income Gross income index linked family income assurance income fund Income beneficiary income endowment Income limited partnership Economic income Taxable income minimum income guarantee |
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