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Retirement Funds Administrators (Spanish: Administradoras de Fondos para el Retiro, abbreviated Afores) are companies authorized to manage individual retirement accounts as authorized by the Secretaría de Hacienda y Crédito Público of Mexico and oversees by Comisión Nacional del Sistema de Ahorro para el Retiro (CONSAR).
Afores manage accounts that accumulate contributions by the employer, the federal government and the employee. (...) more....
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