Subaccount for Housing: Who Qualifies and What You Get
Learn how your housing contributions accumulate and how you can use these savings for a home or your future pension.
The Subaccount for Housing is a way for workers to accumulate savings over time through official contributions made during their employment.
Who it's for
This scheme is specifically for employees who have Infonavit contributions made on their behalf. If you are working and your employer is making these required contributions, you are building up a balance within this subaccount.
What you get
You receive a pool of accumulated savings that grows over time. These funds are designed to provide significant financial support for your housing needs. You can use the money to help you acquire a home, or if you choose not to use it for housing, the funds are intended to be added to your pension to support you in your later years.
What it costs you
Participating in this scheme is free. You do not pay a fee to have this subaccount or to access your information. You can check your current balance and monitor your savings through the official online portal at no cost.
The catch to know
The most important thing to understand is the destination of these funds if they are not used for a home. If you do not utilize the accumulated savings for housing-related purposes, the money is transferred to your pension. It is a tool meant for long-term financial security, whether that is through property ownership or retirement support.
How to apply
- Access the official online portal to view your personal account details.
- Check your current balance to see how much has been accumulated through your contributions.
- Review your contribution history to ensure your employer is managing the funds correctly.
- Follow the specific instructions provided on the portal if you wish to use the funds for a home or for your pension.