The signing of the law for the withdrawal of funds from the AFP was approved. In this sense, now AFP contributors will be able to withdraw up to 17,600 soles from their funds, which corresponds to 4 UIT.
In this publication we tell you more about the dates for this new call for withdrawal of funds.
When can the AFP funds be withdrawn in Peru?
The schedule for the withdrawal of funds has not yet been revealed, as it must be debated by the full congress; however, the official schedule for the withdrawal of funds is expected to be made public at the end of May.
We understand that you may have many doubts about the new dates for the withdrawal of funds, so we will try to solve them below.
- How long do you have to request the withdrawal of funds from your AFP?
Once the regulation for the withdrawal of funds of up to 4 UITs is published, you will have up to 90 days to be able to request the withdrawal of your funds.
- How do I request the withdrawal of funds from the AFP?
For the application, you will only have to present a letter requesting the withdrawal of your funds. You can do it both in person and virtually, by web, mail or your AFP form.
- How will the AFP disburse the requested fund?
After the approval of your request, the AFP will disburse, to the account you have indicated, the requested fund. The payment, however, will not be the total, but will be divided into three deposits, one per month. The first two will each correspond to 1 UIT, and the third disbursement will be the remaining money.
- Does everyone qualify for the withdrawal of funds from the AFP?
No, the rule does not apply to those who qualify for the early retirement scheme.
If for some reason you requested the disbursement, but no longer want it, with the intention that your retirement fund continues to grow, you can still cancel your request, which you can do up to 10 days before the disbursement.
- What to do with the withdrawal of funds from the AFP?
You can take advantage of the AFP withdrawal of funds to improve your current financial situation. For example, invest in your business or perhaps advance the payment of a loan that you have taken out, so that you pay less interest in the end. We also recommend that you use this money on something that is really useful for you, such as insurance or a medical check-up;
If you have any debt that you need to pay, and you want to take advantage of the withdrawal of funds for it, we tell you that, at alDía we care so much about your financial health that we have a plan to pay off your debt without the need for a savings plan. Call us and ask about the program that interests you!
