Entrepreneurs from São Paulo rely on interest-free credit to pay off debts

Workers born in November can withdraw up to R$1,000 from the FGTS

As of today (8), around 3.2 million workers born in November will receive up to R$ 1,000 from the Severance Indemnity Fund (FGTS) accounts. Caixa Econômica Federal will deposit the money in the digital savings account, used for the payment of social and social security benefits.Workers born in November can withdraw up to R$1,000 from the FGTS

The amounts can only be moved through the Caixa Tem app, which allows the payment of domestic bills and the realization of virtual purchases in establishments that do not have an agreement. Caixa Tem also allows withdrawals from ATMs and transfers to a third-party account.

The worker will need to be careful. Most of the approximately 42 million workers are receiving the money automatically, in Caixa’s digital social savings account. However, in case of incomplete data that does not allow the opening of the digital account, the worker will have to request the release of resources.

The entire process to request the withdrawal is computerized. The worker does not need to go to the Caixa branch, just enter the official FGTS application, available for smartphones and tabletsand entering the requested data.

The application is giving the option to the worker to apply for credit in any checking or savings account of any bank. The possibility, however, is only valid for those who agree to provide an official document with a photo to register the biometrics.

According to the calendar released in March, the release of funds follows a timeline based on the worker’s month of birth. The money is being released in stages until June 15, when those born in December receive.

withdrawal

Another point that the worker needs to pay attention to is the withdrawal of money. The funds will be available until December 15th and will return to the linked FGTS account after that date, if the money is not spent, withdrawn or transferred to a checking account.

Unmoved money will be refunded to the FGTS with correction by the income of the Guarantee Fund corresponding to the period in which it was stopped in the digital savings account.

Query

To find out if you will automatically receive the money or if you will need to request the withdrawal, the worker needs to make an appointment. The process can be done through the FGTS application. The tool informs the release date and whether the credit will be made automatically. The application also allows the consultation of amounts, updating of digital savings account data and the request to undo the credit and keep the money in the FGTS account.

Check the deposit calendar:

Month of birth Release date
January 20th of April
February April 30
March 4th of May
April 11th of May
May 14th of May
June 18th of May
July May 21
August 25th of May
September 28th of May
October 1st of June
November 8th of June
December 15th of June

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