The annual receipt of the FGTS can be done in different ways, and one of the available modalities is the birthday withdrawal. This modality needs to be triggered to work, but some beneficiaries may want to go back to the traditional form of withdrawal.
What this article covers:
What is a birthday withdrawal?
The birthday withdrawal allows the beneficiary to receive the FGTS annually, in the month of his birthday or during two subsequent months, totaling a period of three months in which the withdrawal can be carried out.
The withdrawal modality needs to be informed to the Savings Bank, which can be done in person at an agency or through the FGTS application. If not informed, the withdrawal date remains at the time the beneficiary requests it.
How to withdraw the anniversary loot?
Withdrawals can be made in two ways: at a Caixa Econômica branch or through the FGTS application.
Go to a Caixa Econômica branch, where you can request either a withdrawal of the amount available or a transfer to another account. There are no restrictions on the destination account, except that it cannot be a joint account.
Access the FGTS application with your login information, and indicate the account into which you want to transfer the amount. As previously stated, the destination account cannot be a joint account.
In these two ways, it is possible to make the withdrawal, thus receiving your FGTS.
Who is entitled to the birthday withdrawal benefit?
All citizens who already receive the FGTS are entitled to receive the birthday withdrawal, that is, all citizens who work with a formal contract and are not civil servants. It is worth remembering that it is necessary to have a positive balance in the account.
How to disable birthday withdrawal option?
The cancellation of the anniversary withdrawal can be done in person at a branch or through the application, thus returning to the traditional withdrawal method. To cancel the application, follow the steps below:
- Access the FGTS application and log in;
- Access “FGTS birthday withdrawal”;
- Click on the cancel option.
Now just follow the instructions given in the app.
How long after can I use the termination withdrawal option?
Cancellation of the anniversary withdrawal can take approximately two years to complete.
The birthday withdrawal allows the beneficiary to receive his FGTS in a period close to his birthday, a modality that can be activated at a Caixa Econômica branch or in the FGTS application. The cancellation takes two years to be carried out, so it is important to analyze the situation before activating or deactivating this modality.