What is the FGTS Birthday Withdrawal?

The birthday withdrawal is a method that allows workers to withdraw a portion of their FGTS account balance every year, in the month of their birthday.

Unlike the termination withdrawal, which is made in cases of dismissal without just cause, the anniversary withdrawal offers an alternative way of accessing the fund, providing greater financial flexibility for the worker.

How the Birthday Bag Works

Withdrawal Percentage

The amount that can be withdrawn each year varies according to the available balance in the FGTS account. The table below shows the percentage of withdrawals allowed, according to the account balance:

• Up to R$ 500.00: 50%
• From R$ 500.01 to R$ 1,000.00: 40% + R$ 50,00
• From R$ 1,000.01 to R$ 5,000.00: 30% + R$ 150,00
• From R$ 5,000.01 to R$ 10,000.00: 20% + R$ 650.00
• From R$ 10,000.01 to R$ 15,000.00: 15% + R$ 1,150.00
• From R$ 15,000.01 to R$ 20,000.00: 10% + R$ 1,900.00
• Above R$ 20,000.00: 5% + R$ 2,900.00

Birthday Bag membership

To have access to the birthday withdrawal, workers must opt for this option. You can join at any time, but it's important to be aware of the deadlines to ensure that you can withdraw your money in the current year.

Step by Step to Redeem the FGTS Birthday Withdrawal

1. Joining the Birthday Draw

To sign up for the birthday voucher, follow these steps:

1. Access the FGTS application or the official Caixa Econômica Federal website.
2. Log in with your CPF and password. If you haven't registered yet, you'll need to create one.
3. Select the "Birthday Bag" option in the main menu.
4. Confirm membershipby reading and accepting the terms and conditions.

2. FGTS balance inquiry

After signing up for the anniversary withdrawal, it is important to check the available balance in your FGTS accounts to get an idea of the amount that can be withdrawn. This can be done via the FGTS app, the Caixa Econômica Federal website, or in person at a Caixa branch.

3. Requesting the Birthday Bag

In the month of your birthday, you can request a birthday voucher. Follow the steps below:

1. Access the FGTS application again or the Caixa website.
2. Log in with your CPF and password.
3. Select the "Birthday Bag" option.
4. Click on "Request Withdrawal" and follow the instructions to complete the request.

4. Receipt of the amount

After requesting the withdrawal, the amount will be credited to the bank account you indicated at the time of the request. It's important to check that the bank details are correct to avoid any problems when you receive the money.

Important considerations

Loss of Right to Severance Pay

By opting for the anniversary withdrawal, the worker loses the right to withdraw the entire FGTS balance in the event of dismissal without just cause. However, they will still be entitled to the 40% termination fine on the FGTS balance, which will be deposited in their account.

Cancellation of membership

If you wish to cancel the anniversary withdrawal and return to the termination withdrawal, you can do so. However, the worker will only be able to withdraw the full FGTS balance again in the event of dismissal without just cause after a period of 25 months has elapsed since the cancellation request.

Financial Planning

Anniversary withdrawals can be a good option for those who want to access part of their FGTS every year. However, it is important to plan financially and consider all the implications before signing up to this option.

Conclusion

The FGTS anniversary withdrawal offers an interesting alternative for workers who wish to access part of their fund balance each year. By following the steps described in this guide, you will be able to sign up for this option and make the withdrawal in a simple and safe way. Remember to consider all the implications and plan financially to make the best choice for your future.