termination compensation fund (fgts) operates as a savings account for each worker with an official contract. Access to money is only allowed in specific situations. Check all shapes Of withdrawals and amounts that will be available this month.
Read more: Good news: the change to the FGTS could benefit more than 11 million people
An option is available for those who wish to access FGTS through Christmas withdrawal. This method is allowed through the Caixa Econômica Federal, which releases part of the available amount in the month of the employee’s birthday FGS account.
How to withdraw FGTS in January
Currently, workers born in the months of November, December and January can take advantage of this benefit. This method has been allowed since 2020. The worker can recover up to 50% of the balance of active and inactive FGTS accounts.
The money can be used to pay off some emergencies, for example, or even for those who want to take money out of the account and invest with more attractive returns. IPVA, IPTU, Children’s Choice are just a few examples.
Those born in November have until January 31st to receive a refund. Workers who have a birthday in December continue with the amount available through the Christmas Draw through February 28th.
In addition, the withdrawal birthday calendar for 2023 has already been released. Check it out:
| Birth month | Beginning of withdrawal | The end of the loot |
| January | Jan 2 | March 31st |
| February | Feb 1 | April 28th |
| Walks | March 1st | May 31st |
| April | April 3 | June 30 |
| may be | May 2 | July 31st |
| June | June 1 | 31 Aug |
| July | July 3 | Sept. 29 |
| August | August 1st | Oct. 31 |
| September | September 1st | November 30th |
| October | Oct. 2 | December 29th |
| November | November 1 | January 31, 2023 |
| Dec | December 1st | February 29, 2023 |
The way with numbered days?
Although likely, a way to withdraw FGTS is in the sights of the new Minister of Labour, Louise Marinho (Labour). He announced that he would submit a proposal to President Luis Inacio Lola da Silva (PT) to ban the anniversary withdrawal.
Prior to that, the Minister announced that he would discuss the matter with the FGTS Board of Trustees. Luiz Marinho’s goal is to preserve the savings of the worker and to preserve the real function of the FGTS. The subject divides opinions, and depending on the following definitions, the method may cease to exist.
Christmas withdrawal is the preference of many Brazilians who have adhered to the model. Currently, more than 28 million workers work in the method which moves about R$12 billion annually.
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.