Withdrawal dep code 50 in red in the FGTS: what does it mean?

It's important for every worker to check their FGTS balance to ensure the company is depositing funds correctly. Furthermore, it's crucial that you understand the terms Caixa uses to identify transactions.

Among them is the DEP withdrawal code 50 in red, which may appear on your statement and you don't know what it means. Was there a withdrawal from my FGTS? What happened?

Follow our article to learn more about the DEP withdrawal code 50 and get all your questions answered.

What does Withdrawal DEP COD 50 in red mean?

"DEP COD 50 Withdrawal" is a term used to describe the actual amount of the Severance Indemnity Fund (FGTS) that an individual is entitled to receive, excluding interest. This code appears on the FGTS statement as an individual entry, meaning each entry represents a specific FGTS amount for each employment relationship.

If you've worked multiple jobs with a formal contract and haven't yet withdrawn your FGTS, you may have multiple entries on your statement. Each entry corresponds to a specific period of work and employer.

This division into individual entries makes it easier to identify and control the available balance for each employment relationship. This way, it's possible to clearly visualize how much money is available for withdrawal in each employment period.

When analyzing your FGTS statement, it's important to carefully review each entry with code 50, as it represents the exact amount you're owed without considering accrued interest. It's recommended to review the entries and make the corresponding withdrawals to ensure you're using the entire available balance for each employment period and employer.

And JAM COD 50 withdrawal in red?

The code "Saque JAM COD 50" refers to the amount of interest that accrued in the Severance Indemnity Fund (FGTS) account during the period the money was invested. Like Saque DEP COD 50, this entry can also be displayed individually on the FGTS statement.

FGTS interest is calculated based on the existing balance in the account and government-established rules. This interest represents the additional income added to the original amount deposited in the fund over time.

When viewing your FGTS statement, it's important to pay close attention to each entry with code 50, including JAM Withdrawal COD 50. These individual entries indicate the specific amounts of interest accrued for each FGTS investment period.

When making withdrawals, it's recommended to consider both the principal amount (DEP withdrawal COD 50) and the interest amount (JAM withdrawal COD 50). Together, they make up the total amount you're entitled to receive from the FGTS. It's important to make the most of these funds, using them according to your financial needs.

What does Withdrawal DEP COD 50E mean? Is there a difference?

The DEP withdrawal code 50E, found on the FGTS statement, refers to an extraordinary or emergency withdrawal from the Guarantee Fund. This modality was implemented as a support measure during a specific period, lasting between 2020 and 2022, with the aim of providing additional resources to workers affected by the pandemic.

The extraordinary withdrawal of FGTS funds allowed workers to withdraw a portion of the available balance in their accounts on an exceptional basis. This release was carried out in stages, over different annual periods.

It's important to note that each extraordinary withdrawal period had its own rules and limits. In general, workers could request a withdrawal of a maximum of R$1,000 from the available balance in their FGTS accounts.

Therefore, when the code 50e appeared on the FGTS statement, it indicated that an extraordinary withdrawal of a portion of the Guarantee Fund balance was possible during the pandemic. To identify this, it was marked in red on the FGTS statement as "DEP Withdrawal COD 50E."

What to do if the DEP COD 50 withdrawal appears?

If you see "Withdrawal DEP COD 50" on your FGTS statement, it means you have an amount available for withdrawal. In this case, you can take the following steps:

• Check your available balance: Make sure to check the amount corresponding to the DEP COD 50 withdrawal on your FGTS statement. This will give you an idea of the amount you're entitled to receive.
• Review the additional information: In addition to the amount, also note the date specified next to the code. This date will indicate when you can withdraw your funds. Make sure you meet this deadline to withdraw the funds.
• Required Documentation: Gather the necessary documents to make the withdrawal. Generally, you'll need to present an identification document, such as a national ID card (RG) or CPF (Brazilian Individual Taxpayer Registry), as well as a work permit or other document proving your employment relationship.
• Go to a Caixa Econômica Federal branch or access the FGTS app to withdraw your money.

Where does the DEP 50 withdrawal go?

It's common to have questions about where the money will go when you receive the DEP 50 withdrawal code. After signing up for the FGTS anniversary withdrawal, the withdrawal amount will be transferred to the bank account you specified during the registration process.

If you are unsure which bank account was selected, you can check this information simply and conveniently through the Guarantee Fund app.

To do this, follow the steps below:

• Access the Guarantee Fund application available on your mobile device.
• Find and click on the “My withdrawals” option within the app.
• Locate the section or option related to your bank account.

By selecting this option, you will have access to the bank account information linked to your anniversary withdrawal, such as the bank name, branch number, and account number.

By following these simple steps in the Guarantee Fund app, you can securely confirm which bank account was designated to receive the FGTS anniversary withdrawal amount. This ensures you have access to the necessary information and can properly track your withdrawal.

Remember to keep your banking information updated in the app and regularly check your account details to avoid any setbacks or issues related to receiving your FGTS anniversary withdrawal amount.

Does the withdrawal dep cod 50 have anything to do with the anniversary withdrawal?

No. If you received DEP withdrawal code 50, it means you have an amount to withdraw from your FGTS that has not been withdrawn, or that you have amounts from several previous employers that have been released to you.

In the case of emergency withdrawals, as happened during the pandemic, code 50 is also used, as was the case with the withdrawal code 50E.

So, if you have these codes, it means that you have a withdrawal to be made and that it will be released soon.

Frequently asked questions

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