Understand how the FGTS double withdrawal for May will work

In May, the FGTS (Service Time Guarantee Fund) launched a new feature: the double withdrawal. As the name implies, the extraordinary withdrawal is a measure for emergency purposes, therefore, the worker must have money in the fund to receive the benefit amount.

Therefore, check out this article for more details on how the FGTS double withdrawal will work this month.

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Double FGTS withdrawal can offer up to R$ 3,900

In the past, workers were entitled to an extraordinary bonus of up to R$1,000 and a birthday bonus. Now, even though the withdrawal amount is limited to BRL 1,000, regardless of the account balance, it counts on the second launch. This refers to the anniversary withdrawal, which can cost up to R$ 2,900 in addition to the balance.

The FGTS double withdrawal, therefore, is a fantastic opportunity to withdraw amounts from the fund. However, it is worth mentioning that not all workers can benefit from this resource. Check below who is entitled to the FGTS double withdrawal.

How will it work?

The birthday withdrawal releases a portion of the money from the FGTS account, taking into account the worker's salary. In this case, if he still has amounts to withdraw after his birthday, the citizen can make an extraordinary withdrawal in the amount of up to R$ 1,000.

However, for workers who carried out the anticipation of the birthday withdrawal, this benefit is not released. This is because when the anticipation of the three installments of the birthday withdrawal is contracted, the FGTS balance is frozen as a guarantee of the credit operation.

According to information from Caixa, the entire blocking of the balance will occur at the time of anticipation of the FGTS withdrawal, as the basis for calculating the credit had the entire balance available in the fund account. In addition, according to the benefit payment calendar schedule, withdrawals will be released to workers until June 15, although it is possible to withdraw the amount until December of this year.

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