Horizon Financial Account Types

Horizon Financial offers various account types tailored to meet different investment needs. Heres an overview of the available account types:

• Basic Investment Account
• Minimum Balance: $1,000 must be kept in the base balance.
• Investment Options: Funds above the $1,000 mark can be invested in a pre-selected suite of over 30 mutual funds, traded through the Schwab mutual fund platform.
• Risk: All investments carry risks, including the potential loss of principal.
• Charles Schwab Health Savings Brokerage Account
• Eligibility: Available once your Horizon Health Savings Account reaches a minimum base balance of $11,000.
• Investment Options: Eligible to invest in stocks, bonds, mutual funds, ETFs, and other investments available on the Charles Schwab platform.
• Minimum Balance: $1,000 must remain in your Horizon base savings account.
• Tax Advantage Savings Plan
• Types: Available for Individual Retirement Accounts (IRAs), including Coverdell Education, Roth, and Traditional IRAs.
• Minimum to Open: $10 minimum to obtain the stated annual percentage yield (APY).
• Interest Compounding: Interest is compounded daily and credited quarterly.

Horizon Financial Broker Account Opening Process

To open an account with Horizon Financial, follow these steps:

• Visit the Website: Go to Horizon Financial's website.

• Select Your Account Type: Choose the type of account you wish to open (Basic Investment Account, Health Savings Brokerage Account, etc.).

• Complete the Application: Fill out the required personal information, including:

• Name
• Social Security Number (or Taxpayer Identification Number)
• Address
• Date of Birth
• Employment Status
• Annual Income and Net Worth

• Agree to Terms and Conditions: Review and agree to the terms and conditions associated with the account.

• Submit Your Application: Once the application is completed, submit it for processing.

• Funding Your Account: After approval, fund your account according to the minimum balance requirements for the selected account type.

• Access Your Account: Once your account is active, you can manage your investments through the secure online portal.

By following these steps, you can successfully open and manage your investment account with Horizon Financial.