The Severance Pay Guarantee Fund (FGTS) is one of the most important labor rights in Brazil, acting as a financial reserve for times of need. Learn how to check and withdraw your FGTS, as well as how to advance the withdrawal through the available methods.
How does the FGTS calculation work?
The FGTS is made up of monthly deposits made by the employer, corresponding to 8% of the employee's salary. These amounts are accumulated in an account linked to the employment contract.
The accumulated balance depends on factors such as the employee's length of service and salary. The longer the period of work, the greater the amount available in the FGTS.
Conditions for Withdrawing FGTS
FGTS withdrawals are permitted in specific situations, such as:
- Dismissal without just cause: Release of full balance.
- Purchase of your own property: As long as it is the first residence and for personal use.
- Serious illnesses or public disasters: They allow extraordinary withdrawals.
It is important to remember that, to use the FGTS to purchase a property, the worker cannot own another property in his/her name.
How to Withdraw FGTS in Advance?
If you want to access the FGTS before the traditional conditions, you can opt for Anniversary Withdrawal, which allows you to withdraw a portion of your balance annually in the month of your birthday.
- Advantage: Early access to the fund.
- Limitation: Only a fraction of the total balance is released at a time.
The worker can change the modality directly in the FGTS application, managed by Caixa Econômica Federal.
2024 Anniversary Withdrawal Calendar
Check the dates to make the withdrawal according to the month of birth:
- January: January 2nd to March 29th
- February: February 1st to April 30th
- March: March 1st to May 31st
- April: April 1st to June 28th
- May: May 2nd to July 31st
- June: June 3rd to August 30th
- July: July 1st to September 30th
- August: August 1st to October 31st
- September: September 2nd to November 30th
- October: October 1st to December 29th
- November: November 1st to January 31st, 2025
- December: December 2 to February 28, 2025
Step by Step Guide to Consulting FGTS
Consultation on the Caixa website
- Access the official Caixa website in the “FGTS Statement” section.
- Enter your CPF and create an account, if you don't have one yet.
- Complete the registration form and answer the security questions.
- Confirm your account using the registered email address.
- Log in, access “FGTS” and view the available balance.
Consultation via the App
- Download the FGTS app on your smartphone (Android or iOS).
- Log in or create an account.
- On the home screen, select the “Statement” option to view balance details.
Step by Step Guide to Withdrawing FGTS
- Check your Eligibility: Make sure you meet the requirements for the withdrawal method you choose (Termination, Extraordinary or Anniversary).
- Access the FGTS Application: Log in and go to the “My Withdrawals” section.
- Register your Bank Account: Click on “My bank account” and enter the details to receive the amount.
- Request Withdrawal: After confirming the data, complete the request.
The amount will be released directly into the registered bank account, if all requirements are met.
Why Use FGTS?
The FGTS goes beyond being just a labor right. It offers:
- Financial Security: A reserve for unforeseen events, such as dismissal or emergencies.
- Making Dreams Come True: It allows you to purchase real estate or pay off important debts.
- Flexibility: Modalities such as Anniversary Withdrawal offer greater control over the use of the benefit.
Plan the use of your FGTS strategically to maximize the benefits and ensure your financial stability. Take the opportunity to check your balance and use this resource efficiently!
START USING YOUR BENEFIT HERE RIGHT NOW!
