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Many individuals have the opportunity to withdraw more than R$ 2,900 this month due to an authorization from Caixa. Find out more!
Here is some valuable advice for those looking for extra money: Caixa Econômica Federal allows the withdrawal of more than R$ 2,900, related to the release of the birthday withdrawal from the Severance Indemnity Fund (FGTS).
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Thus, Brazilian citizens celebrating their birthday in October are already authorized to access this option. Therefore, anyone who chooses this type of withdrawal can withdraw the amount until the end of December. Learn more about the topic below.
Caixa makes the birthday withdrawal available to those born in October
Choosing the FGTS birthday withdrawal is voluntary, as established by Law 13.932/2019. Therefore, those born in October are not required to make this withdrawal and thus remain under the fund's standard format, which is the termination withdrawal.
Therefore, Caixa allows this withdrawal category from the first business day of the citizen’s birth month. Thus, October birthday celebrants who decide to make the withdrawal have until December 29 to do so. After this deadline, the amount is no longer accessible.
Finally, Caixa recommends that citizens make the birthday withdrawal through the FGTS app, available for Android and iOS devices. Through it, the amount can be transferred directly to the individual’s bank account. In addition, the withdrawal can also be made at lottery outlets and ATMs by holders of the Cartão Cidadão.
How much can be withdrawn through the birthday withdrawal?
Read also:Recovery of Forgotten Funds at the Central Bank: a guide for heirs
The withdrawal amount is determined by a rate ranging from 5% to 50%, based on the balance in the FGTS account. Additionally, an extra amount is added that varies according to the existing balance. See the balance categories, their respective rates, and the additional amounts:
- Up to R$ 500 – 50%, with no extra amount;
- From R$ 500.01 to R$ 1,000.00 – 40%, with an extra amount of R$ 50;
- From R$ 1,000.01 to R$ 5,000.00 – 30%, with an extra amount of R$ 150;
- From R$ 5,000.01 to R$ 10,000.00 – 20%, with an additional amount of R$ 650;
- From R$ 10,000.01 to R$ 15,000.00 – 15%, with an additional amount of R$ 1,150;
- From R$ 15,000.01 to R$ 20,000.00 – 10%, with an additional amount of R$ 1,900;
- More than R$ 20,000.01 – 5%, with an additional amount of R$ 2,900.
Therefore, if a worker has R$ 1,000 in their FGTS balance and opts for the birthday withdrawal, they can receive R$ 400.00 at the 40% rate and add R$ 50.00 from the additional amount. Thus, they are able to withdraw R$ 450 from FGTS in the month they celebrate their birthday.
