AFP funds in 2024: Here are the deadlines

Remember that the deadline to request withdrawals will expire on August 11 of this year

The wait is over and the opportunity to have your money of AFP It’s closer than you think. With the recent publication in the Official Gazette El Peruano of Law 32002, that authorizes a new withdrawal of up to four tax units (which is equivalent to a juicy 20,600 soles), it is time to get up to date with the deadlines and the key dates to make this measure effective.

To better understand the panorama, we have consulted Jorge Carrillo Acosta, renowned professor and expert in Pacifico Business School Financewho has outlined the stages that lie ahead in this process:

1. Publication of the operating procedure: According to calculations, this will occur on May 3. The Superintendence of Insurance Banking and AFP (SBS) You have a maximum period of 15 calendar days to carry out this important task.
2. Start of withdrawal requests: Kickoff is scheduled for May 13. But what does this imply? Well, the AFPs must follow the established regulations to implement the withdrawal process. This includes creating a schedule for submitting applications, enabling a link to process applications and much more-

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Now, the question everyone is asking: when will I be able to access my funds?

• First withdrawal (up to 1 UIT): Starting June 12, you will have the possibility of accessing this first tranche of your funds (30 calendar days after making the request).
• Second withdrawal (up to 1 UIT): If you have already made the first withdrawal, you will be able to access the second starting July 12 (30 calendar days after the first withdrawal).
• Third withdrawal (up to 1 UIT): August will be your lucky month! Starting August 11, you will be able to access the third tranche of your funds (30 calendar days after the second withdrawal).
• Fourth withdrawal (up to 1 UIT): And to finish, September 10 will be the time to use the last tranche of your fund (30 calendar days after the third withdrawal).

Remember that the deadline to request withdrawals will expire on August 11 of this year, at 90 days of the beginning of validity of the operating procedure. It’s time to stay vigilant, prepare the necessary documentation and make sure you don’t miss this valuable opportunity!

With these clear and precise deadlines, get ready to make your projects and financial goals a reality! Your future is in your hands, and with this new retirement AFPyou can take the first step towards Financial Freedom that you long for so much!