Caixa withdrawal: check terms and conditions

Brazilian workers born in August who have opted for the birthday withdrawal option from the Service Time Guarantee Fund (FGTS) can now access their balance. This feature, offered by Caixa Econômica Federal, allows the annual withdrawal of part of the FGTS balance in the worker’s month of birth, as an alternative to ending the withdrawal.

With up to 2,900 Brazilian Reals issued, this method offers a significant financial opportunity, but requires attention to deadlines and conditions. Check below how it works, who is eligible for withdrawal and details on receipt deadlines.

How does the FGTS Birthday Draw work?

Birthday withdrawal is a method that allows employees to withdraw part of their FGTS balance annually in the month of their birthday. By choosing this option, the employee forgoes the full withdrawal in the event of unfair dismissal, and only reserves the right to a penalty of 40% of the total FGTS balance.

Who can opt out of Christmas?

Any worker with an FGTS balance can opt for this method. To join, you must access the FGTS app, the Caixa Econômica Federal website or go to a Caixa branch. August birthdays, for example, have until the last day of the month to apply and receive the amount that same year.

How much can I withdraw through Christmas withdrawal?

The amount available for withdrawal in the Saque-Aniversario depends on the total balance in the worker’s FGTS account. The calculation is made according to a table established by Caixa, which determines the percentage of the balance that will be released, plus an additional premium in some cases.

Christmas Draw Value Table

The table below shows how the withdrawal amount is calculated based on the available balance:

• Up to R$500.00: 50% of the balance, no additional installments;
• From R$500.01 to R$1,000.00: 40% of the balance + R$50.00 additional installment;
• From R$1,000.01 to R$5,000.00: 30% of the balance + R$150.00 additional installment;
• From R$5,000.01 to R$10,000.00: 20% of the balance + R$650.00 additional installment;
• From R$10,000.01 to R$15,000.00: 15% of the balance + R$1,500.00 additional installment;
• From R$15,000.01 to R$20,000.00: 10% of the balance + R$1,900.00 additional installment;
• More than R$20,001.00: 5% of the balance + R$2,900.00 additional installment.

Read more:

Billions in FGTS Dividends Will Be Paid Out This Month; Find Out If You’ll Get a Share

Christmas Withdrawal Calendar 2024

The 2024 Christmas draw calendar has already been set, allowing workers to plan their draws in advance. Check the dates for each calendar month:

• January: 01/02/2024 to 03/29/2024;
• February: 01/02/2024 to 30/04/2024;
• March: 01/03/2024 to 31/05/2024;
• April: 01/04/2024 to 28/06/2024;
• May: 02/05/2024 to 31/07/2024;
• June: 06/03/2024 to 08/30/2024;
• July: 01/07/2024 to 30/09/2024;
• August: 01/08/2024 to 31/10/2024;
• September: 02/09/2024 to 30/11/2024;
• October: 01/10/2024 to 12/20/2024;
• November: 2024/01/11 to 2025/01/31;
• December: 2024/02/12 to 2025/02/28;

How to join the Christmas raffle?

Membership can be done at any time via the FGTS app (Android, Internal Control Department), Website Caixa or at Caixa branches. It is important to note that, when joining the Christmas draw, the worker must be aware that he will not be able to access the full draw in the event of unfair dismissal.

Possible changes to the Christmas withdrawal

Recently, there has been discussion in the Federal Government about possible changes to the Christmas withdrawal rules, including the possibility of stopping them. Therefore, interested workers should consider joining as soon as possible to ensure they benefit.

Withdrawal Benefits

The Christmas withdrawal provides financial flexibility for workers, allowing them to access a portion of their FGTS each year for various purposes, such as paying off debt, investing in home improvements or finance studies.

installment advance

For those who need more resources, it is possible to choose a Christmas withdrawal advance, a type of loan that allows you to advance future installments. This option may be interesting for covering emergency expenses or investing in personal and professional growth opportunities.

Final Considerations

The annual FGTS withdrawal represents an important opportunity for Brazilian workers who want greater control over their personal finances. By allowing annual access to a portion of the FGTS balance, this method provides flexibility and financial support in critical times.

With potential changes to FGTS rules, it is essential that workers evaluate their options and make informed decisions to make the most of the benefits available.

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