Uncategorized
FGTS: Check out 15 WITHDRAWAL possibilities here
In order to withdraw the Service Time Guarantee Fund (FGTS), certain specific circumstances need to be met by the worker.
Advertisement
To withdraw from the Service Time Guarantee Fund (FGTS), the worker must fit into some specific situations. Withdrawals can be made at lotteries, using your citizen card. However, if the value is greater than R$1,500, or the worker does not have the card, they must go to a Caixa branch.
One way to access the FGTS is through the birthday withdrawal. It allows the worker to receive a portion of their fund balance every year, in the month of their birthday.
Another common cause of withdrawal from the fund is in the case of unfair dismissal. Therefore, the worker can withdraw the full amount from their Guarantee Fund. In addition, he receives a termination fine of 40% on the amount deposited by the employer throughout the employment contract.
Different ways to use FGTS
FGTS values are adjusted monthly. One tip is that when requesting a withdrawal, the citizen can choose to receive payment after interest credit and monetary update. Therefore, this option can be advantageous for the worker, who will have a higher amount to receive.
One of the possibilities for using the FGTS is to pay off part of the real estate financing. From August 2023, workers will also be able to use the Guarantee Fund to pay the installments for the first property financed by the Real Estate Financing System. The option will be to use the amount to reduce the outstanding balance of the property or deduct up to 80% from the installment in 12 months.
Another option is to advance the birthday withdrawal, which the worker can join with a minimum amount of R$2 thousand. Therefore, he can advance the equivalent of up to three years of the birthday withdrawal and use the FGTS as a guarantee to take out the credit. This modality can be useful for emergency situations or for short-term investments.
In the event of the death of a relative, the citizen can receive the full FGTS and PIS/Pasep inheritance. This possibility can help financially in times of difficulty.
Read too: FGTS birthday withdrawal is running out; see who can still order
Check out the 15 FGTS withdrawal possibilities
It is important to remember that the FGTS is an important source of financial protection for workers in emergency situations, such as serious illnesses, natural disasters and other unpredictable circumstances.
Therefore, it is essential that workers are always aware of their rights and the conditions to withdraw FGTS in a safe and legal way.
Check below the situations available for withdrawal:
- Being fired by the employer without just cause;
- Termination of contract for a fixed period;
- If the contract is terminated due to bankruptcy or death of the employer;
- Termination of the contract due to mutual fault or force majeure;
- Worker retirement;
- If the worker's area of residence is affected by natural disasters, such as rain or floods and the situation is recognized as a state of public calamity or emergency;
- If there is suspension of casual work;
- Death of the worker (withdrawal as inheritance);
- Be over 70 years old;
- Worker or dependent with HIV;
- Worker or dependent with malignant and metastasized cancer;
- Worker or dependent diagnosed with a terminal stage;
- If the worker has been outside the FGTS regime for three consecutive years;
- If the worker has not made monthly deposits into the Guarantee Fund for three consecutive years;
- Purchase of your own property, settlement or payment of debt on housing financing installments.
Also know: Learn how to check your balance and find out how much FGTS you have
More news on the portal: ☕ CoffeePost:
About the author / Tiago Menger
Trending Topics
Bolsa Família: Government announces dates for the month of March
Payment of the New Bolsa Família began on Monday, March 20th. In March, the average value is R$ 669.93, but this will change.
Continue lendoFGTS: Birthday withdrawal is in the final stretch! Last days to request
With the announcement by the Minister of Labor about the possible end of the FGTS birthday withdrawal, this may be the last opportunity for workers to withdraw part of the resources in the month of their birthday.
Continue lendo8 times Apple was fined in Brazil because of the iPhone
Apple is one of the largest and best-known cell phone manufacturers in the world, and for this reason, it ends up getting involved in controversies.
Continue lendoYou may also like
INSS: 13th Salary already has Installments with Defined Date
the 13th salary from the INSS (National Social Security Institute), already has confirmed payment dates in 2023.
Continue lendoMinimum wage: When will the new value defined by the Government begin?
MP 1,143/22 adjusted the minimum wage to R$ 1,302.00 from January 1, 2023. The value means an increase of R$ 43.40 and the hourly value of R$ 5.92.
Continue lendoWill PIS PASEP have a new value in May? Understand possible readjustment
In 2023, approximately 23 million workers are receiving PIS PASEP, despite the one-year delay.
Continue lendo