Health savings account investment quiz
Are you looking for more ways to save money? Who isn’t, right? It turns out that your health savings account is a tax-free environment where you can grow your dollars. Investing in a health savings account is a simple way to plan and invest.
Before you choose the best investment style for your needs, there are a couple of things to consider:
- First, make sure you’ve accumulated a cushion in your HSA to meet expenses. Think about whether you’ll need this money in one to two years. Keep enough accessible to meet deductibles or unforeseen emergency medical expenses.
- Next, determine your comfort level with risk. Through a series of questions, our quiz will help you identify the investment style you seek – conservative, balanced, or growth. Depending on your style, you can then choose one of our three Praxis Genesis Portfolios. These portfolios offer a convenient approach to managing assets. Our portfolio manager has developed model portfolios that utilize the underlying Praxis funds to best meet the objectives of the portfolios. Periodic changes are made to adjust for changes in investment experience, and other factors. Learn more about Praxis Genesis Portfolios on mmapraxis.com.
Now it’s time to take our online quiz to help you determine if a conservative, balanced, or growth approach is right for you.
The Fund is subject to asset allocation risk, which is the possibility that the selection by the Advisor of underlying funds and the allocation of Fund assets to those funds will cause the Fund to underperform. Because the value of the Fund’s investments will fluctuate with market conditions and interest rates, so will the value of your investment in the Fund. You could lose money on your investment in the Fund, or the Fund could underperform other investments. Some of the Fund’s holdings may underperform its other holdings. To the extent the Fund is invested in equity funds, it is susceptible to risks typically associated with equity investing, including that the stock market may decline in value and individual stocks held by the underlying funds may not perform as expected. To the extent the Fund is invested in bond funds, it is susceptible to risks typically associated with bond investing, including interest rate risk, or the chance that the value of the fixed-income securities the underlying funds hold will decline due to rising interest rates.
You should consider the fund's investment objectives, risks and charges and expenses carefully before you invest. The fund's prospectus contains this and other information. Call (800) 977-2947 or visit www.praxismutualfunds.com for a prospectus, which you should read carefully before you invest. Praxis Mutual Funds are distributed through BHIL Distributors Inc. Member FINRA. Investment products offered are not FDIC insured, may lose value, and have no bank guarantee.