In 2024, the Federal Government brought some news for those who wish to withdraw the Service Time Guarantee Fund (FGTS) in the form of birthday loot. Let’s understand how it works and what has changed.
How does the birthday withdrawal work?
In this modality, workers who opt for the birthday withdrawal can withdraw part of the balance from their accounts FGTS every year, in the month of your birthday. This has been done for a few years, and 2024 will be no different. The withdrawal follows the worker’s month of birth, so, for example, anyone who has a birthday in January can withdraw at the beginning of the year.
What changes in 2024?
A major change for 2024, proposed by the Ministry of Labor, is the possibility for workers to withdraw the total FGTS balance, instead of just the termination fine, in case of leaving the company. This is a significant change and brings more flexibility to those who choose this withdrawal method.
Weighing the options
Before choosing a birthday withdrawal, it is crucial that workers carefully weigh the advantages and disadvantages. Although withdrawing the full balance may seem attractive, remember that the FGTS also serves as a financial reserve in case of unfair dismissal.
It is important to be well informed about the conditions and rules of this type of withdrawal, making a choice that aligns with your needs and financial plans.
Tips for making the best decision
1. Analyze your current financial situation: Before opting for a birthday withdrawal, see if you really need this money now or if it would be better to keep it as a reserve for the future.
2. Understand the rules: Make sure you understand all the conditions and rules of the birthday withdrawal to make an informed decision.
3. Planning is key: Think long-term and consider how this choice will affect your financial security, especially in the event of unemployment.
These changes to the FGTS anniversary withdrawal in 2024 offer more options for workers, but require careful thought to ensure that the decision made is as beneficial as possible.