Learn how to withdraw your FGTS

Learn how to withdraw your FGTS here, or Severance Indemnity Fund, it is a right of workers with a formal employment contract.

This benefit was created to protect workers in specific situations, such as unfair dismissal, retirement, serious illness, among other circumstances provided for by law.

To withdraw FGTS, the worker must be aware of the different withdrawal methods and the conditions established for each of them.

In cases of unfair dismissal, for example, the employee has the right to withdraw the full amount deposited by the company, plus a fine of 40% on the amount deposited.

In situations of retirement or serious illness, withdrawals can be made even if the worker is still employed.

It's important to note that Caixa Econômica Federal, on the other hand, is the agency responsible for administering the FGTS (Fund for Severance Indemnity Fund). Likewise, it's through Caixa Econômica Federal that workers can withdraw funds.

Caixa provides withdrawal calendars, informing employees of the dates on which they can withdraw funds, based on their birth month or other established criteria.

With recent changes in labor legislation, new FGTS withdrawal methods have been created, such as anniversary withdrawals and emergency withdrawals.

Anniversary withdrawal

In the anniversary withdrawal, the worker, however, has the option of withdrawing a portion of the FGTS balance annually, in the month of his or her birthday.

Emergency withdrawal Learn how to withdraw your FGTS

There is no one emergency withdrawal of FGTS released for all illnesses, unfortunately. Withdrawal due to serious illness has very specific rules.

Currently, the law allows the withdrawal of FGTS when the worker himself or a close dependent such as a child, spouse, etc. has been diagnosed with diseases considered serious, such as some types of cancer, AIDS, mental illness, serious heart disease and others listed by Caixa.

To obtain this withdrawal, you usually need to present medical reports and examinations that prove the illness, in addition to other identification documents. Caixa Federal is responsible for verifying this before releasing the withdrawal.

So, if you or someone in your family is experiencing a health issue, it's important to check Caixa's specific rules. This may be to see if the illness qualifies for FGTS withdrawals.

The emergency withdrawal was a measure adopted by the government in response to the Covid-19 pandemic, allowing withdrawals of up to one minimum wage per worker.

>> Main Services and How to Download the FGTS Caixa Application <

How to withdraw FGTS?

Withdrawals from the FGTS (Future Fund for Severance Indemnity) can be made in different ways, depending on the withdrawal method and the worker's situation. The main withdrawal methods are:

• Federal Savings Bank branches
• Caixa self-service terminals
• Via FGTS app
• Through Caixa Internet Banking
• Withdrawals at lottery outlets
• Withdrawals at Caixa Aqui correspondents

Learn how to withdraw your FGTS: Pay debts

One of the best things about the FGTS is that you can use it to achieve certain goals, like owning your own home or getting some relief by paying off debts!

To buy your own home, the FGTS can be used in several ways: to provide a down payment on a loan, to pay part of the total amount upfront, or even to reduce the loan installments after you've already paid.

There are some rules, such as having at least three years of formal employment, which is not required. Nor is it necessary to have any other active financing in the Housing Finance System. You must also live or work in the city where you want to buy the property. The property also has a maximum value, which is currently R$1.5 million.

Now to pay off debts, the FGTS can also help, especially if it is a mortgage debt.

Do you have overdue installments?

You can use the balance to pay off your outstanding balance, that is, reduce the total amount you still owe. This can be used to pay off any outstanding loan installments.

There are also some rules for this, such as having at least three years of FGTS (Severance Fund for Severance Indemnity) and not having another mortgage. One important point is that you can only use FGTS to repay the mortgage every two years.

It's important to be aware that you can't use your FGTS for any type of debt, such as a credit card or direct personal loan. Housing is the priority.

To understand exactly how to use your FGTS in each situation, it's best to always consult the FGTS app. Unless you go directly to Caixa Econômica Federal,

There, they'll be able to give you all the right information and help you through the process. Fulfilling your dream of owning your own home or getting rid of a heavy debt with the help of the FGTS can be a huge relief!

Public calamity, find out how to withdraw your FGTS.

In situations of public calamity, such as floods, landslides, or other natural disasters that affect our city, the FGTS can be a similarly important aid to our recovery.

In these cases, it is possible to withdraw the FGTS balance to try to cover losses and urgent needs.

The first thing that needs to happen is for our city's Civil Defense to acknowledge the emergency situation and issue an official statement. After that, Caixa Econômica Federal will release withdrawals for residents of the affected areas.

To withdraw funds, you usually need to prove that you lived in the affected area. This can be done through water, electricity, or telephone bills, or other documents that show your address before the disaster. It's important to be mindful of the deadlines Caixa publishes for submitting the request.

The amount you can withdraw has a limit, which is usually a little over six thousand reais for your FGTS account. You can only withdraw this amount once for the same event.

The great thing is that withdrawal requests can usually be made directly through the FGTS app, without having to go to Caixa Federal. There, you'll find the "Calamity Withdrawal" option and follow the steps, submitting the necessary documents.

It's a way for the FGTS to support us in a difficult time, helping us recover from the impacts of the calamity.

Stay tuned for news from City Hall and Caixa to find out when and how to request this withdrawal. If our city experiences any consequences like this,