The FGTS (Guarantee Fund for Length of Service) anniversary withdrawal is now underway, marking an important moment for Brazilian workers. This withdrawal model, which allows workers to access a portion of their FGTS annually in the month of their birthday, offers a valuable opportunity for those who need extra financial resources.
The anniversary withdrawal is an alternative to the severance withdrawal, which can only be accessed in specific situations, such as dismissal without just cause. By opting for the anniversary withdrawal, the employee waives the right to withdraw the full amount of the FGTS in the event of dismissal, but still maintains the right to the 40% fine on the FGTS balance paid by the employer. It is a choice that requires careful consideration, as it directly impacts the liquidity of FGTS resources in emergency situations.
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Eligibility and withdrawal process
To be eligible for the anniversary withdrawal, the worker must meet certain eligibility criteria established by Federal Savings Bank. Withdrawals are made in the month of the worker's birthday, but it is important to remember that the request must be made by the last day of the month of the birthday to receive the payment in the same year. For example, those born in December must make the request by December 31st to receive the payment in 2023.
How to request the FGTS Anniversary Withdrawal?
The process for requesting a birthday withdrawal is through the FGTS app, available on both the Apple Store (for iOS) and the Google Play Store (for Android). This way, it is also possible to access the web version of the FGTS to make the request. The deadline for withdrawal is 90 days after the funds are released. If the worker does not make the withdrawal within this period, the funds return to the FGTS.
The FGTS anniversary withdrawal is an interesting option for workers who wish to have access to a portion of their fund annually. With the ease of application and flexibility in using the resources, this option becomes an attractive alternative for many. However, it is important to understand the implications of this choice and plan the use of the resources appropriately.
