{"podcast":{"title":"Open Exam Prep","slug":"open-exam-prep-7140559","podcast_index_feed_id":7140559,"rss_url":"https://feeds.captivate.fm/open-exam-prep/","website_url":"https://open-exam-prep.com/","image_url":"https://artwork.captivate.fm/abe4183a-4dfa-4a03-97da-92d15c5d473d/_bZUi6Yzjq6h3zQu_ZsaQB5Y.jpeg","author":"Ran Chen, EA, CFP®","episode_count":363,"summary":"Open Exam Prep: Mastering Financial Exams The path to becoming a certified financial professional is known for its difficulty, and finding high-quality, accessible study material shouldn't be the hardest part. Created by Ran Chen—an AI application enthusiast, Financial Advisor, and holder of the EA (Tax), Life Insurance, Series 6/63/65, and CFP® designations—this podcast was born from personal experience. Having navigated these challenging exams himself, Ran realized the need for better resources and created Open Exam Prep as a free solution for aspiring professionals. Each episode breaks down complex major exam topics into clear, digestible lessons, covering everything from tax planning and estate strategies to retirement solutions and investment principles. Whether you’re studying during your commute, workout, or downtime, we are here to guide you—one question, one topic, one victory at a time. Visit for more content: https://open-exam-prep.com/","last_synced_at":"2026-07-26T00:19:27.877390+00:00","page_url":"https://stenobird.com/podcast/open-exam-prep-7140559"},"episode":{"title":"Series 7 Exam Prep 31, Municipal Bond Taxation","slug":"series-7-exam-prep-31-municipal-bond-taxation","published_at":"2026-07-08T01:01:53+00:00","page_url":"https://stenobird.com/podcast/open-exam-prep-7140559/series-7-exam-prep-31-municipal-bond-taxation","show_page_url":"https://stenobird.com/podcast/open-exam-prep-7140559","url":"https://open-exam-prep.captivate.fm/episode/series-7-exam-prep-31-municipal-bond-taxation","audio_url":"https://episodes.captivate.fm/episode/48ebb60d-71ff-4c13-ace0-8f91b56e7cb5.mp3","summary":"This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: - That municipal bond interest is generally federally tax-exempt, but may be subject to state tax for non-residents. - How certain private activity bonds can trigger the Alternative Minimum Tax (AMT), making their interest taxable. - The critical difference between a tax-free Original Issue Discount (OID) and a taxable market discount. - That capital gains on the sale of any municipal bond are always fully taxable. - How to calculate the tax-equivalent yield to compare municipal bonds with taxable corporate bonds. For more free exam prep tools, practice questions, and AI-powered explanations, visit https://open-exam-prep.com/ or YouTube Channel: https://www.youtube.com/@Open-exam-prep","meta_description":"This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionat…","key_points":[],"chapters":[],"topics":[],"duration_seconds":192,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/open-exam-prep-7140559/episodes/series-7-exam-prep-31-municipal-bond-taxation/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/open-exam-prep-7140559/series-7-exam-prep-31-municipal-bond-taxation.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}