The FGTS ( ) is a right of every worker, and although many don't know it, you have the right to withdraw your FGTS early! Come and find out what the options are and what rules are necessary to access part of this money without having to wait too long, see it now!
The FGTS (Severance Pay Guarantee Fund) was developed with the intention of protecting and financially supporting Brazilian workers who are dismissed without just cause, but it can also be used in various other circumstances, and we will explain each of them so that you can obtain additional money by withdrawing from this account linked to your employment contract.
Advantages of FGTS (Brazilian Severance Indemnity Fund)
The Guarantee Fund (FGTS) represents numerous benefits for Brazilian workers. Besides providing greater economic security, it is also a major labor achievement aimed at valuing the work and services of thousands of Brazilians. Check out the main advantages:
- More purchasing power:
The FGTS (Brazilian Severance Indemnity Fund) guarantees an additional amount of money for workers in specific situations of greater need, ensuring an increase in purchasing power in particular everyday situations.
- Profitability update:
Through the new amendment, the FGTS (Brazilian Severance Indemnity Fund) now has its profitability directly linked to the inflation index, which means that the value accumulated in the fund will have a real update according to the indices. In other words, your fund never loses value.
- Financial reserve:
The fact that the FGTS (Brazilian Severance Indemnity Fund) cannot be accessed at any time guarantees a capital reserve. This means additional capital protection for the population, even if that person has spent all their money.
- Social justice:
Through greater recognition of labor and work, this benefit demonstrates a significant legal achievement for the working class.
FGTS stands for: Guarantee Fund for Length of Service. It is guaranteed by law and was established to provide more protection to workers dismissed without just cause. Furthermore, it guarantees a kind of emergency financial reserve, as it is composed of mandatory monthly deposits by the employer, who will deposit 8% of the employee's salary into this fund monthly.
Access to this fund will be granted in special situations such as dismissal without just cause, treatment for a serious illness, or when purchasing a home. However, it's worth remembering that nowadays there's also the FGTS Birthday Withdrawal option, which facilitates early access to the benefit. To withdraw this benefit, it's necessary to consult the rules and the respective schedule. Check out more information in the following sections.
- How can I withdraw my FGTS (Brazilian severance pay fund) early?
If you haven't been laid off from your job and aren't buying a home, but still want access to your FGTS (Brazilian severance pay fund) money, don't worry! There are other ways to withdraw part of the deposited amount without falling under those two mentioned rules. To see the step-by-step instructions on how to access your FGTS early, simply click the highlighted button below and you will be redirected to our complete tutorial!