FGTS anniversary withdrawal: New dates and prices for 2023

FGTS Anniversary Withdrawal Dates Revealed for 2023: Understand the amounts for workers born in January who opted for the FGTS Anniversary Withdrawal, which is now available for withdrawal. This option allows beneficiaries to withdraw a portion of their deposited funds annually. The amount varies according to the total accumulated by the worker in active and inactive accounts in the Fund (see the table at the end).

Administered by Caixa Econômica Federal, which established a rule that withdrawals can be made from the first business day of the worker's birthday month until two months after their birth month. In other words, those born in January can receive the money from January 2nd until March 31st.

HOW TO JOIN THE BIRTHDAY WITHDRAWAL

This is not an automatic release. Those who opted for the anniversary withdrawal must sign up through the FGTS app, using their CPF number and registered password. Interested parties should click "FGTS Anniversary Withdrawal." They must read and agree to the terms and conditions and click "Opt for Anniversary Withdrawal."

Based on the worker's current FGTS balance, the app also allows you to simulate how much you'll receive. Clicking "More" at the bottom of the screen reveals the "Anniversary Loan Withdrawal Simulator" option.

RULES OF THE MODALITY

Opting for this anniversary withdrawal system is not mandatory. The method, created by Law 13.932/2019, effective April 2020, is an alternative to severance withdrawals (the withdrawals workers make in the event of retirement, home purchase or repayment, or serious illness).

Those who opt for the anniversary withdrawal plan lose the right to withdraw the full balance of their FGTS account upon dismissal, even without just cause. Therefore, if dismissed, they only receive a severance payment of 40% on top of the amount deposited by the employer.

If someone cancels their anniversary withdrawal, they can only switch to the old option (withdrawal-termination) two years after the date of enrollment. For example, someone who opts for the anniversary withdrawal in January 2023 and later changes their mind can only return to the withdrawal-termination option in February 2025.

WHAT IS THE AMOUNT OF THE ANNIVERSARY WITHDRAWAL?

The amount released each year for those who switch to the anniversary withdrawal depends on the combined balance of their Guarantee Fund accounts (for those with more than one). There are seven payment tiers.

The anniversary withdrawal allows you to withdraw 50% from the fund (for those with up to R$ 500 in the account) up to 5% plus a fixed additional amount (for those with over R$ 20,000). In other words, the percentage decreases as the amount of money deposited in the account increases.

CHECK OUT THE 2023 ANNIVERSARY WITHDRAWAL CALENDAR

• Born in January: January 2 to March 31, 2023
• Born in February: February 1st to April 28th, 2023
• Born in March: March 1st to May 31st, 2023
• Born in April: April 3 to June 30, 2023
• Born in May: May 2 to July 31, 2023
• Born in June: June 1st to August 31st, 2023
• Born in July: July 3 to September 29, 2023
• Born in August: from August 1st to October 31st, 2023
• Born in September: from September 1st to November 30th, 2023
• Born in October: October 2 to December 29, 2023
• Born in November: from November 1, 2023 to January 31, 2024
• Born in December: from December 1, 2023 to February 29, 2024

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