Since its implementation in 2020, the FGTS anniversary withdrawal has revolutionized the way Brazilians access their financial reserves linked to the Severance Indemnity Fund (FGTS). This modality allows workers to annually withdraw a portion of the balance of their active and inactive accounts, providing more freedom and financial planning. Workers born in April who opted for the withdrawal method can now have access to the amounts from this Monday (1).
What is the FGTS birthday withdrawal?
Before the creation of the birthday withdrawal, the FGTS rules were restricted, limiting access to the fund to specific situations, such as purchasing your own home, retirement and in the event of unfair dismissal. The new modality changed this scenario, offering an annual liquidity option and more autonomy for employees to decide on the use of their resources. However, joining the birthday loot It means giving up the full withdrawal of the fund if fired without just cause, leaving the worker only the right to a termination fine.
How to opt for the birthday withdrawal?
- Report interest: The worker must communicate to Caixa Econômica Federal their interest in joining the birthday withdrawal.
- Communication channels: Membership can be made through the FGTS application, the official FGTS website or the Caixa website.
- Deadline for Formalization: The formalization of interest must occur by the last day of the worker’s birthday month.
It is important to meet this deadline to ensure that the withdrawal can take place in the current year.
Birthday withdrawal release limits in 2024?
The amount available for withdrawal varies depending on the account balance, with accounts with a smaller balance allowing a higher percentage to be withdrawn. For example, for balances of up to R$500, it is possible to withdraw up to 50% of the amount. For larger amounts, this percentage decreases, but is complemented by an additional fixed installment, also favoring those with larger amounts accumulated in the FGTS.
Birthday Withdrawal Calendar 2024
- Born in January: withdrawals from January 2nd to March 29th
- Born in February: withdrawals from February 1st to April 30th
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- Born in March: withdrawals from March 1st to May 31st
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- Born in April: withdrawals from April 1st to June 28th
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- Born in May: withdrawals from May 2nd to July 31st
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- Born in June: withdrawals from June 3rd to August 30th
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- Born in July: withdrawals from July 1st to September 30th
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- Born in August: withdrawals from August 1st to October 31st
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- Born in September: withdrawals from September 2nd to November 30th
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- Born in October: withdrawals from October 1st to December 29th
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- Born in November: withdrawals from November 1st to January 31st, 2025
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- Born in December: withdrawals from December 2nd to February 28th, 2025
Birthday withdrawal modality may cease to exist
Recently, the Minister of Labor, Luiz Marinho, signaled during the launch of the FGTS Digital platform that the government intends to discontinue the birthday withdrawal modality. According to the minister, the modality represents a disadvantage for the worker, since in the case of dismissal without just cause, the worker would not be able to access his entire balance.
In return, the Minister announced that the government intends to create a prosta that uses the FGTS as collateral for payroll loans.
