SIEFOREs: Who Qualifies and What You Get
Learn how SIEFOREs manage your retirement investments by automatically adjusting risk based on your age.
SIEFOREs are investment funds that manage your retirement money by grouping funds into categories based on your age to help control investment risk.
Who it's for
This scheme is specifically for individuals who already hold an AFORE account.
What you get
Your money is placed into investment funds known as "fondos generacionales" (generational funds). These funds are categorized by age group, which means your money is managed differently depending on how many years you have left until retirement. The goal is to manage risk by adjusting how the money is invested as you get older.
What it costs you
There is no separate fee for this; the cost is already included in your standard AFORE fees.
The catch to know
You do not have the ability to pick which SIEFORE manages your money. Your fund is automatically assigned to you based on your current age.
How to apply
- Ensure you have an active AFORE account.
- Check your account details to see which age-based fund you have been assigned.
- Monitor your fund's performance through your provider.