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The FGTS (Service Time Guarantee Fund) birthday withdrawal is already underway, marking an important moment for Brazilian workers. This withdrawal option, which allows workers to access part of their FGTS annually during their birthday month, offers a valuable opportunity for those who need extra financial resources.
The birthday withdrawal is an alternative to the termination withdrawal, which can only be accessed in specific situations, such as dismissal without just cause. By opting for the birthday withdrawal, the worker gives up the right to withdraw the full FGTS amount in the event of dismissal, but still retains 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 funds in emergency situations.
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Eligibility and withdrawal process
To be eligible for the birthday withdrawal, the worker must meet certain eligibility criteria established by Caixa Econômica Federal. The withdrawal is released in the worker's birthday month, but it is important to remember that the request must be made by the last day of the birthday month to receive it in the same year. For example, those born in December must submit the request by December 31 to receive it still in 2023.
How to request the FGTS Birthday Withdrawal?
The birthday withdrawal request process is carried out through the FGTS app, available both on the Apple Store (for iOS) and on the Google Play Store (for Android). It is also possible to access the web version of FGTS to submit the request. The deadline for the withdrawal is 90 days after the funds are released. If the worker does not make the withdrawal within this period, the funds return to FGTS.
The FGTS birthday withdrawal is an interesting option for workers who wish to access part of their fund annually. With the ease of requesting it and the flexibility in using the funds, this option becomes an attractive alternative for many. However, it is important to understand the implications of this choice and properly plan how to use the funds.
