Requirements to withdraw Infonavit savings from the Housing Sub-account
If you want to withdraw the Infonavit savings to add it to a mortgage loan or to improve your pension.
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If you want to withdraw the Infonavit savings to add it to a mortgage loan or to improve your pension. Here we inform you how to obtain the money from the Infonavit subaccount from the date you entered to work.
The Institute of the National Housing Fund for workers (Infonavit) established that from 2018 the beneficiaries may demand the return of the Balance of the Housing Sub-Account remotely if they have an advanced electronic signature.
The balance of the Infonavit Housing Sub-Account is the accumulated savings throughout the working life of a worker, it is made up of 5% of the daily salary plus all the legal benefits established in the contract.
People who have a pension resolution issued by the Mexican Institute of Social Security (IMSS) after 1997 under the 1973 law, may issue the withdrawal of the subaccount, as well as the beneficiaries of the pensioner .
Therefore, it is important that you have the year in which you began to work to know in detail the employer contributions and the returns that have been generated until your retirement in accordance with current legislation.
Know the requirements you need to withdraw the Infonavit savings from your Housing Subaccount and enjoy your retirement comfortably.
How to obtain the money from the Infonavit subaccount?
• Being 50 years or older
• Have a resolution from the IMSS and Infonavit
• Get a private pension plan
• Request savings in the Afore
• Process savings withdrawal
• Provide personal data
Being 50 years or older
To withdraw the savings from Infonavit from 1972-1992, you must be over 50 years old and have one year without working. In addition, the current legislation of that year stipulated that the savings did not generate returns.
On the other hand, if you wish to withdraw your Housing Subaccount from 1992 to June 1997, you must be 65 years of age or over and you will receive the savings with the income generated up to the time of your retirement.
Have a resolution from the IMSS and Infonavit
If you are a pensioner from the 1972-1992 Savings Fund, you must submit a pension resolution issued by the IMSS to withdraw your savings from Infonavit.
The resolution will be granted in case of incapacity or partial incapacity superior to 50%; disability or unemployment and old age.
In addition, if you have a resolution in favor of the Infonavit Nonconformity Commission, you must also present it.
Get a private pension plan
You may request the return of your balance from the 1972-1992 Housing Subaccount if the reason for your retirement is because your employer granted you a private pension plan derived from a voluntary scheme or from a collective contract.
Request savings in the Afore
On the other hand, to withdraw the 1992 Housing Subaccount, one of the requirements is to be registered in an Afore and request your savings in the National Commission of the Retirement Savings System (Consar). They will inform you about the steps to follow.
Process savings withdrawal
If you are wondering "how to withdraw my savings from Infonavit?" It is a simple process, you can access My Infonavit Account and start the procedure on the institute's portal or schedule an appointment at Infonatel 01 800 008 3900.
Likewise, you also have the option of visiting the Infonavit Service Center (Cesi) for pensioners and returns closest to your home.
The service is available Monday through Friday from 9:00 am to 6:00 pm, for pensioners with a resolution issued on January 13, 2012, and Monday through Friday 24 hours a day for retirees prior to that date.
You must fill out a form with the information established by Infonavit. We recommend that you save the case number so that you can track the progress of your process.
However, the process can last a couple of months or years, depending on the situation, if you have the IMSS resolution or if you have a judicial award in your favor.
Provide personal data
Finally, you need to provide the following work and personal information:
• Federal Taxpayers Registry Number (RFC).
• Social Security Number (SSN).
• Unique Population Registry Code (CURP).
To withdraw the savings from Infonavit it is essential that you have your personal documentation and your current employment data in order.
If you are about to retire, we recommend that you save all the documents, you will need them for the retirement process with Infonavit.
If you want to obtain a second mortgage loan and cover the payment with your Housing Sub-Account Balance, we invite you to search for a house or apartment in Vivanuncios, the best real estate portal in Mexico where you will find a wide range of real estate .