Forma currently does not offer a portfolio rebalancing feature. To switch your investment to a different ETF, you must first liquidate your existing investments and then reinvest in your desired ETF. To do this, follow the steps below:
- Log in to Forma
- Select ‘Benefits’ from the top navigation bar, then select your ‘Health Saving Account (HSA)’
- Select the ‘My Investments’ tab
- From the ‘Manage Investments’ dropdown menu, select ‘Withdraw funds’
- Sell your current investment. Once the investment is sold, it will take 2-3 days for funds to return to your cash balance.
- When the funds become available, go back to ‘Manage Investments’ and select ‘Invest money’. Choose the ETFs you would like to invest in. For more information, refer to the article Can I invest my HSA money?