Every Brazilian worker is entitled to the Fundo de Garantia por Tempo de Serviço, or FGTS. Therefore, this is a benefit paid by the employer, and the taxpayer can withdraw the money in some situations.

That is, every month, 8% of the salary is destined exclusively for the FGTS. In this way, there are specific situations in which money can be withdrawn.

For example, and the most common cause, dismissal for just cause.

In addition, the government provides the FGTS birthday withdrawal benefit so that people can withdraw earlier.

In today's article, we'll show you what the anniversary withdrawal is and show you how to receive it. Check out!

First, the birthday withdrawal was created in 2020. Since then, it has offered taxpayers the opportunity to receive a portion of the benefit annually.

But for this, the worker must waive his option to receive the FGTS in case of dismissal for just cause. Therefore, it is better to think about it before choosing to withdraw the anniversary withdrawal benefit.

In addition, as already mentioned, the FGTS is a kind of guarantee fund that serves to insure the worker dismissed for just cause.

In this sense, the opening of the FGTS account must be done by the employer and is totally linked to work.

That is, every month the employer deposits 8% from the salary and puts it in this savings account. That way, the money stays there and can only be withdrawn in certain situations.

When we talk about birthday withdrawal, this benefit is available to all workers who participate in the FGTS.

However, it is important to remember that in this case the taxpayer receives only a portion of the benefit. Unlike when you are fired, when you receive the full amount.

That is, the worker who opts for the FGTS birthday withdrawal benefit only receives a termination fine of 40% if fired.

In addition, the birthday withdrawal can only be requested until the last day of the worker's birthday month. Otherwise, it will not be possible to receive the benefit in the year of application, only in the following year.

As well as any extra money, the FGTS birthday withdrawal benefit can be a big help at the end of the month. Therefore, workers who are programmed can get good help from the value of the plot.

But it is worth mentioning that the value of the birthday withdrawal is not the full value of the benefit. In addition, when requesting the birthday withdrawal, the worker loses the right to request the benefit in case of dismissal.

Thus, to request the FGTS birthday withdrawal, you must be included in the same group as the common benefit. See who can receive the benefit:

By the way, it is worth remembering that it is possible to withdraw from making the withdrawal. That is, if you requested the birthday withdrawal or already receive it, you can change it to the normal benefit.

However, Caixa may take up to 24 months to process your order. Therefore, within that period, it will not be possible to withdraw the FGTS even in case of dismissal.

That way, think carefully if you really want to apply and also plan to cancel, if applicable.

Therefore, it is up to you to decide whether or not you want to opt for the FGTS birthday withdrawal benefit. In the meantime, read our other article. In it we talk about the benefit withdrawal dates. Check out!