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Afore XXI Banorte Urges Beneficiary Designations, Cites 10-Day Claim Turnaround

Guidance distinguishes legal recipients from designated heirs under Social Security law.

Overview

  • As part of a Testament Month campaign, Afore XXI Banorte is promoting the registration of beneficiaries for individual retirement accounts.
  • The firm requires an in-person designation with official ID, proof of address, CURP, and full details for each beneficiary.
  • Account holders may name up to five designated beneficiaries with assigned percentages, who can withdraw only the voluntary-savings subaccount.
  • Legal beneficiaries recognized by law may qualify for a pension or a lump-sum withdrawal, and must first obtain an IMSS pension resolution before claiming Afore resources.
  • Afore XXI Banorte says death claims are typically resolved in about 10 business days, while industry guidance from Amafore notes some platforms allow digital beneficiary registration via aforemóvil or aforeweb.