Workers with a formal contract are entitled to the Service Time Guarantee Fund. However, do you know what this benefit is? Or how do you check your FGTS balance?

It is important to know how to perform this task to be prepared for possible scenarios in your future. For example: an unexpected dismissal without just cause.

That's why we created this complete guide to help you understand the FGTS consultation process. Therefore, if you have any questions, read the material until the end.

We can help you with this activity and answer your main questions! So don't miss any important facts.

The Service Time Guarantee Fund, also known as FGTS, is a deposit made by the contractor to the employee. 

Therefore, every month a company must place the equivalent of 8% of an employee's salary into a Caixa Econômica Federal account.

The objective is that, if an employee is fired without just cause, they can have access to the FGTS and remain that way until they find another source of income. 

At the same time, upon being fired, the employee still receives a fine that varies between 20% and 40% of the amount saved.

Therefore, checking your FGTS balance is important to know what amounts are available in your account! 

All workers with a formal contract are entitled to the FGTS! Therefore, companies that hire employees under the CLT regime are required to make a contribution of 8% of the salary every month.

On the other hand, it is important to highlight that people who work with MEI or independently are not entitled to this benefit.

Therefore, if you fit into these categories, and have never worked with a formal contract, there will be no amount available when checking your FGTS balance.

Do you want to know how to check your FGTS balance? We have prepared a guide that teaches you how to check the amounts deposited in different ways.

Therefore, if after reading the previous topics in this text you came to the conclusion that you have saved money, find out how to check exactly how much money you have accumulated.

Firstly, we bring the FGTS app as a way of checking the values available for this benefit. Therefore, access your cell phone’s application store and search for “FGTS”.

Then download this program and click on the “Enter the application” button. You will need to provide your CPF and create a registration stating your personal information and a password.

Finally, confirm your identity by accessing the link sent by email and access the home screen. Just click on the “My FGTS” button in the top left corner of the screen to check your balance.

On the other hand, if you have a bank account with Caixa, you can check your FGTS balance through this bank's app.

To carry out this task, first, access your bank's app and log in with your usual details.

Then, choose the “FGTS and INSS” option, a new menu will be displayed, click on “FGTS” and, finally, on “Extract”.

However, if you don't have an account with this bank, don't worry! The values in your Guarantee Fund are still saved and you can use other forms of consultation, such as the one described below.

Did you know that it is possible to check your FGTS balance via text messages? The service is free and allows workers to receive an SMS notification every time a new deposit is added to their account.

To register, you must create a login in the FGTS app, as described above. Then, log in with your password and, on the home page, click on the “More” button located in the bottom right corner.

Finally, select the “SMS” option and fill in the necessary fields with your cell phone number. Ready! You will receive constant updates about the amounts available in your FGTS account.

After checking your FGTS balance, you may be wondering if there is any way to withdraw this money.

One of the ways to access the amounts is to use the birthday withdrawal. Through this, workers have the right every year to withdraw part of the FGTS amount in the month of their birthdays or up to two months later.

However, you must be aware that, if you opt for the birthday withdrawal, you must spend two years in this withdrawal format. Therefore, if you are fired without just cause, there will be no possibility of getting all the FGTS money at once.

Finally, if you are sure you want to use the birthday withdrawal, access the FGTS app and click on “More” in the bottom right corner. Then change the withdrawal method.

And if you want more information about FGTS withdrawal methods, read our full article on the topic! We can answer all your questions on the subject!