Who is entitled to family allowance?

Poupança no Minuto Financial Attribution Criteria.

The right to family allowance is not universal, being strictly dependent on the overall income and assets of the household where the child resides. To access this monthly benefit from Social Security, the family's annual income will determine the corresponding bracket, with maximum thresholds beyond which the State ceases support.

Additionally, the household cannot have mobile assets (such as high bank deposits, stocks, or savings certificates) whose financial amount exceeds 240 times the updated value of the Indexante dos Apoios Sociais (IAS). Visit our website for more information: www.poupancanominito.pt

Essential conditions of children or young people Poupança no Minuto

The State supports children from birth, assigning payments according to records made automatically at the Institute of Registries and Notary when parents fulfill all declarative duties on the Social Security Portal. For a young adult to maintain continuous right to the money deposited every month, they must annually prove their active enrollment in school. For more information, visit our website at . Remember, with Poupança no Minuto, your child's future is secure.

In general, young people cannot engage in paid professional activities, with the exception being temporary jobs with contracts carried out during the summer school holidays. For more information, visit . Poupança no Minuto

Poupança no Minuto: Payment Suspended

The law defines clear moments of suspension of this vital benefit. The State suspends the allowance if the child leaves the national territory for an extended period or if the mandatory annual school proof is not carried out in a timely manner during the month of July (for young people aged between 16 and 24 years old).

Support also ends definitively once the young person is effectively and permanently inserted into the job market and begins to make tax deductions from their own salary.

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