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Caixa Econômica Federal has enabled a new FGTS withdrawal this June for a range of Brazilian citizens. Check whether you are eligible!
Last Thursday (1st), the anniversary withdrawal of the Severance Indemnity Fund (FGTS) was made available by Caixa Econômica Federal to employees born in June. Thus, these individuals will be able to withdraw between 5% and 50% of the existing balance in their fund account until August 2023.
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However, those who choose the anniversary withdrawal, if dismissed from work without just cause, will not be allowed to make the FGTS termination withdrawal, and may return to this model only after 24 months from joining.
How to opt for the FGTS anniversary withdrawal
Opting for the anniversary withdrawal is only possible until the last day of the worker's birth month. See the procedure:
- Access the FGTS app (available for Android or iOS) or website;
- Log in;
- Choose “Anniversary withdrawal”;
- Click “Anniversary withdrawal option”;
- Click “Opt for Anniversary Withdrawal”;
- Read the terms and click “Confirm”.
FGTS birthday withdrawal amount
The amount that can be withdrawn through the FGTS birthday withdrawal is predetermined by Caixa according to the balance the employee has in the fund accounts. In addition to the defined percentage, there is also an additional fixed amount, which can reach up to R$ 2,900.00. See:
| FGTS balance | Percentage that can be withdrawn | Additional installment |
| Up to R$ 500.00 | 50% of the balance | – |
| R$ 500.01 to R$ 1,000.00 | 40% of the balance | R$ 50.00 |
| R$ 1,000.01 to R$ 5,000.00 | 30% of the balance | R$ 150.00 |
| R$ 5,000.01 to R$ 10,000.00 | 20% of the balance | R$ 650.00 |
| R$ 10,000.01 to R$ 15,000.00 | 15% of the balance | R$ 1,150.00 |
| R$ 15,000.01 to R$ 20,000.00 | 10% of the balance | R$ 1,900.00 |
| More than R$ 20,000.00 | 5% of the balance | R$ 2,900.00 |
Source: Caixa Econômica Federal
Finally, it is important to remember that it is also possible to advance the withdrawals through financial institutions, where the FGTS amount to be paid out in the birthday month is withheld.
