Say goodbye to FGTS birthday withdrawals! Learn how to withdraw everything in a simple way before your balance is completely blocked

Brazilian workers were surprised by the federal government’s announcement that it would end the withdrawal mechanism from the Severance Pay Fund (FGTS) on the occasion of the anniversary. Understand what the changes will be.

If approved, workers will not be able to withdraw part of their FGTS during their birthday month. The aim is to strengthen the fund’s compensation to ensure that the money is only used in the event of unfair dismissal.

Specialist Laura Alvarenga’s comments on FGTS, take a look.

Is the anniversary of the FGTS withdrawal over?

• no!;

• This action remains a federal government project.

• Reviewing these policies will be a priority for next year;

• Eliminating overlapping payments is a potential change;

• The goal is to ensure that every worker receives his benefits without duplication;

• The bill is expected to introduce a new withdrawal formula so that private sector workers can access payroll loans;

• According to the federal government, the intent is not to remove the rights of CLT workers, but to make these programs more efficient and less subject to legal accountability.

Who can get the FGTS Birthday Draw now?

Since June 1, the FGTS has been expanded with a Christmas withdrawal, providing Brazilian workers with new withdrawal options. Now, It is possible to access from 5% to 50% of the resources accumulated in the linked accounts.

Workers who choose FGTS with a birthday draw will not be able to draw the raffle. By choosing FGTS with a birthday draw, workers will be able to access a portion of the fund balance annually, in the month of their birthday.

How to withdraw FGTS Birthday Draw?

To receive the amount, the worker must have a balance in the FGTS account and must not have made a withdrawal for the same reason within a period of less than 12 months. The maximum withdrawal amount for each linked account is R$ 6,220.00.

• See the detailed guide to withdrawing funds through the app. FGTS:

• Access the FGTS app and log in;

• On the main screen, select the “My Withdrawals” option;

• Then choose the withdrawal method you want;

• Follow the on-screen instructions and fill in the required information;

• After verification, the amount will be deposited into the bank account.

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