In this article, you will learn how to withdraw your FGTS and better understand how FGTS withdrawals work. So, if you are one of the beneficiaries, you can now check your balance to plan and make your FGTS withdrawal.

So, keep reading to learn the step by step. Check it out!

There are situations in which you can receive FGTS funds or part of the funds. These include dismissal without just cause.

In this case, when the employee is dismissed without just cause, he/she may withdraw the balance corresponding to the company's deposits during the term of the employment contract signed with the company plus the termination fine in the amount of 40% on the balance determined.

In addition, there is also termination due to mutual fault or force majeure. In this case, the employee may withdraw the FGTS after the decision of the labor court. There is also early termination or termination of the contract. Here, the withdrawal refers to the deposits of the contract.

If the company is closed or goes bankrupt, the employee may also withdraw the FGTS corresponding to deposits made by the company during the period of the employment contract. Likewise, if the individual employer dies, the employee may withdraw the funds.

Among other situations, there is also retirement in which the full withdrawal of the balance of the linked accounts is permitted. On the other hand, if the worker continues to work, he or she will only be able to withdraw the amounts corresponding to the deposits after retirement or upon termination of the employment contract.

Furthermore, there is the situation of an inactive account, which can only occur when the linked account remains three consecutive years without receiving deposits or the worker is also removed from the regime for three years.

Among other situations, there are also cases of death of the worker, diseases such as HIV and cancer, suspension of casual work, over 70 years of age, purchase of one's own home and anniversary withdrawals. Therefore, contact Caixa for more information.

So, if you meet one of these conditions that allow you to withdraw your FGTS balance, we recommend that you submit your withdrawal request from the 10th of each month, the date on which the monthly monetary update of the balance in your account is carried out.

Therefore, you must make the request at Caixa Econômica branches or authorized network and must have all documents in hand so that the process is faster. Then, Caixa will have five business days to make the payment, otherwise it will have to adjust with the proportional variations.

Additionally, click on the recommended content below and learn about other government aid.