Ok, so infrastructure is not the sexiest of topics. But guess what? Our society and economy could not survive without infrastructure in place. This of course includes the global financial system as well.

Investors know that a great portfolio requires strategic planning and consideration of economic factors that would impact your investments. So, it’s not unusual to think about how 2019 tax changes could affect your investment decisions as you look ahead to preparing to file your 2019 taxes.

Here are among the things you should be thinking about before the end of the year: 

Who says Washington can’t agree on anything?

With bipartisan support, Congress just passed and the President signed the SECURE Act, legislation that provides significant changes and incentives to further help Americans save for retirement. Most of the provisions will take effect on January 1, 2020.

So, what does this mean for your IRA and 401(k)? Among its major features, the SECURE Act:

To start saving for your child’s education or building that nest egg with a Firstrade custodial account. Firstrade makes it easy to open and manage with no custodian income limits or minimum deposit requirements.

What exactly is a custodial account you ask?

We’ve talked before in previous posts about the great potential upside of Exchange-Traded Funds (ETFs) Remember, at Firstrade, all of our 2,300 ETFs are commission free and we make it easier to select the right ones for you.