If you stop working, do you lose your Infonavit savings?

He saving of the Infonavit It is a benefit that everyone has workers formals who work in Mexicobut have you ever wondered what happens with that amount of moneyif you stop work.

Or maybe someone has told you that you will lose your saving if you don’t use it… If so, don’t worry anymore, or let yourself cheatsince those resources are totally yours and no one can take them away from you.

Infonavit explained that it is true that you saving of living placedeposited in the institute, is generated with the contributions that you employer perform each two-month period, equivalent to 5% of your salary.

Therefore, it is also very true that if you stopped working for a company, these deposits would no longer be made, but this does not mean that you will lose the money that you have accumulated Housing Subaccount.

On the contrary, those resources They will continue to be administered by Infonavit, they will continue to give you returns and no one may use them for a different or different purpose than that established by the legislation current.

So when you come back to work for one company and it complies with its contributions to Infonavit, you will once more receive deposits in your Housing Subaccount every two months and you will accumulate a greater amount of saving.

What can I use my Infonavit savings for?

The institute explained that the money accumulated in your Housing Subaccount you can use it to:

• take out a Infonavit Credit to buy one casa the land, build yourself living placeaccomplish
• improvements or repairs to your home or pay a debt banking mortgage.
• Complement your pension at the time of your retirement.

What happens if I don’t use my Infonavit savings?

• If following retiring you have not asked Infonavit to return that savingYou don’t lose the money either, it will remain available until you claim it.
• If within a period of nine years you have not requested the return of your Housing Subaccount, the Institute will send you a email or a message SMS with a reminder for you to do so.
• In addition, it will inform you requirements What you must comply with to get your money back; Therefore, it is very important that you keep your information correct and updated in My Infonavit Account (micuenta.infonavit.org.mx).

How can I know how much money I have in Infonavit?

• To find out how much savings you have and submit the refund request, go to My Infonavit Account.
• He Procedure es free and you don’t need intermediaries to do it.

What happens to my Infonavit savings in the event of death?

In case of death, this money It is not lost either and can be requested by your worker beneficiaries:

• Parents
• wife or husband
• Children
• If there are not, the Courts Federal in matters labor They will determine in a beneficiary designation resolution who will be able to claim that money.

“Know everything you need to know regarding Infonavit credits, procedures and services, in a simple and clear way at infonavitfacil.mx.”

— Infonavit