Withdrawal of R$1,000 from the Severance Compensation Fund can be used by beneficiaries in various ways. Some prefer to pay off debts, while others invest money in something they really wanted to buy. But there are also those who prefer to spend the extra amount on travel, especially at the end of the year.
The months of December and January, which mark the end and beginning of a new year, respectively, are marked by travel, especially with the family. This is because the period not only marks the beginning of summer in Brazil, but also the school holidays.
A survey by Zoox Smart Data indicated that about a fifth of Brazilians have a flight scheduled around Christmas and New Year’s. If these people want to use the extra money from the FGTS to spend on the trip, it is important to pay attention to the step-by-step instructions for making the withdrawal. Check out the details here!
How can I withdraw the FGTS Extra Value?
The R$1,000 withdrawal refers to the exceptional withdrawal released for those workers who did not opt out on the occasion of their birthday. All workers who have a balance in one or more Fundo de Garantia accounts can withdraw a maximum amount of R$1,000.
This loot was released in the first half of 2022. However, those who have not yet made a refund will be able to do so until December 15th of this year. If the worker fails to do so, the money will be returned to the escrow fund account. That is, the employee loses the opportunity to withdraw funds, but does not completely lose their value.
The withdrawal at Christmas was a method created during the government of the current President, Jair Bolsonaro (PL). The aim of the creation was to move the economy by giving away a portion of the money that already belonged to the worker. It is important to note that withdrawal is not mandatory as mentioned above. There is no way for the factor to lose this value.
The recovery can be done 100% online, you just need to follow the steps below step by step: the first is to access the FGTS app, available via Android or iOS; After that, it is necessary for the user to log in with personal data and select the “Extraordinary withdrawal” option.
The next step is to check how much you can get and then click “Withdraw”; Finally, the refund will be confirmed and must be deposited within 15 working days into your Caixa Tem account.
See also: After all, is it worth expecting FGTS? Clarify all your doubts!
How to use FGTS funds for travel?
Among the tips for using the guarantee fund money for year-end trips are the possibilities of reserving a portion of the value to furnish the car or book the hotel, inn or rental home; Buy food to take back to where you will be staying.
The money can still be used to buy plane or bus tickets; Or even with tours during the trip.
know more: FGTS in 2023: Find out how to make payments from January
Charlotte Whitmore is a contributor at Mediarunsearch.co.uk, covering a broad range of topics including news, politics, business, technology, sport, entertainment, and lifestyle. She focuses on delivering clear, balanced reporting and practical information that helps readers stay informed about current events and emerging developments. Her work highlights stories that matter to everyday audiences, with an emphasis on accuracy, relevance, and accessible journalism that keeps readers connected to the issues shaping the UK and beyond.