New FGTS withdrawal in July is available for workers

The amount transferred by the Severance Indemnity Fund (FGTS) is one of the rights granted to the Brazilian worker, which several people wait for months to receive. However, each person is free to decide which is the best option to withdraw this money.

Read more: Linked to the FGTS will have reduced interest on housing loans

There are those who prefer the more traditional method, known as withdrawal-termination, which is when the person can withdraw the money when they are fired from their job. However, others prefer to take this amount at a more specific time during the year. The best option, in this case, is to withdraw the money once a year, always in the month in which the worker has a birthday.

Therefore, we are talking about the birthday withdrawal, a modality that has become increasingly popular over the years. Much of this happens because experts remember that the value stopped in the FGTS ends up not yielding much.

This means that if you work at a company for approximately five years and only withdraw the amount when leaving there, your balance will have remained with a low income all this time and that most likely will not keep up with the inflation. That way, you'll end up with less money than you could have.

On the other hand, if you withdraw the money and deposit it in an account or make some interesting investment, it will yield much more. For those who do not intend to spend the amount at once, this option is the best among those available.

Finally, to have access to this value, the worker must first join the birthday withdrawal modality. To do this, simply access the FGTS application, from Caixa Econômica Federal. If, by chance, the person ends up leaving work while still adept at the birthday withdrawal, he will only receive the amount of 40% of the total FGTS for the fine.

Lover of movies and series and everything that involves cinema. An active curious on the networks, always connected to information about the web.