The possibility of withdrawing FGTS funds quickly, in up to an hour, is a reality that many Brazilians are unaware of. The fund, a crucial benefit for workers governed by the CLT, can be a source of financial relief in critical times. Here, we explore how you can take advantage of this opportunity, detailing each necessary step.
The FGTS, or Severance Pay Guarantee Fund, is a right of formal workers, but does not extend to individual microentrepreneurs (MEIs) or self-employed workers. Withdrawal of FGTS is permitted in several situations, such as unfair dismissal, retirement, serious illness, among other specific circumstances. Understanding these conditions is essential to access the fund when necessary.
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How does FGTS withdrawal work?
Withdrawal of FGTS funds in up to one hour is possible through the anniversary withdrawal. This option allows advance payments through a loan from banking institutions. To use this option, you must access the FGTS application. This way, you can follow a simple process, which includes authorization for banks to check your balance.
This modality seeks to offer more flexibility. This is because it allows workers to withdraw a percentage of their FGTS balance annually, based on a table that determines the amount according to the amount accumulated in the account.
Adherence to this option is entirely voluntary and, by choosing it, the worker waives the right to withdraw the full amount in the event of unfair dismissal, although he or she maintains other withdrawal rights in specific situations, such as retirement or serious illness.
Step by step guide to quick withdrawal
After signing up for the anniversary withdrawal, you can request an early withdrawal from several financial institutions. Each bank has its own fees and conditions for early withdrawal, so it is important to compare the options and choose the most advantageous one. Remember that when you choose to early your anniversary withdrawal, you lose the right to withdraw the full amount of your FGTS in some specific situations.
Image: Fernando Frazao/Agência Brasil
