Birthday withdrawal and termination withdrawal are two ways to withdraw your FGTS. However, do you know what the differences and positive points of each of these are?

In this text we will help you discover details about these two ways of accessing the money accumulated in the Guarantee Fund!

Therefore, if you are researching more on the topic to find out which is the most advantageous withdrawal method, be sure to read the material until the end.

We can help you avoid making any mistakes in this process and be able to access the benefit in a planned way.

So that you understand the difference between birthday withdrawal and termination withdrawal, let's start by explaining in detail how each of these ways of withdrawing FGTS works.

Firstly, we need to emphasize that the birthday withdrawal must be the taxpayer's choice. Therefore, you need to access the FGTS app and choose to receive money from the Severance Indemnity Fund in this way.

Anyone who chooses this method of withdrawing money can make one withdrawal per year. However, the worker only has access to the money in specific months. These are: your birthday month and the next two.

Therefore, you need to be organized and remember to withdraw money at this time of year. Otherwise, the taxpayer will only be entitled to make the birthday withdrawal again next year.

Finally, we need to emphasize that there is a limit to the amounts that can be withdrawn in this modality. 

For example: people who have R$ 500.00 in their FGTS account can withdraw up to half of this amount. At the same time, anyone who has more than R$ 20 thousand can only take out 5%.

Therefore, we recommend that you check the amounts you have accumulated and check the table to find out which limit you are within.

In summary, the birthday withdrawal offers some advantages, such as access to FGTS money every year. However, this also has negative points, such as the withdrawal limit and the period within which these can be made.

Next, we continue detailing the differences between birthday withdrawal and termination withdrawal, describing the qualities of this second way of withdrawing FGTS money.

Unlike the first case, it is not necessary to choose withdrawal-rescission. This is the automatic way in which every formal worker starts receiving their FGTS!

Through this type of withdrawal, the money deposited every month by the company is accumulated. Finally, the worker only has access to their funds when they are fired without just cause!

Therefore, this is an option for those who want to save FGTS money for longer. The termination withdrawal aims to create savings that can be used by the employee after an unexpected dismissal, guaranteeing their livelihood for a few months.

It is important to remember that in this modality there is no limit and all the money is available to the employee at once. Therefore, it is possible to have access to a larger amount.

Regarding the advantages of this method, we can say that it is possible to create a reserve in cases of need and moments of insecurity after losing a job. However, leaving this money saved can be harmful for some workers.

As you may have already noticed, the difference between birthday withdrawals and termination withdrawals lies in the moment in which the worker will have access to the money saved in the FGTS.

Therefore, in one of the options it is possible to make small withdrawals every year. At the same time, another mode only allows a withdrawal with a high value at once.

However, it should be noted that in these two cases there are still some similarities. For example: only those who work with a formal contract have access to the FGTS.

Finally, we also need to highlight that choosing birthday withdrawal or termination withdrawal, a person will still be entitled to a fine of 40% of the total FGTS amount upon being fired.

Are you in doubt whether you should choose between the birthday withdrawal or withdrawal withdrawal? Therefore, our recommendation is that you analyze carefully when making a decision.

Firstly, keep in mind that the money present in the FGTS can be useful in times of great need. For example: a dismissal or in the event of a serious illness in a family. In both scenarios it is possible to make a withdrawal.

Therefore, continuing to use withdrawal-rescission can help you stay prepared for unforeseen events!

However, if you have debts and need to pay them off quickly, or plan to invest and undertake, the birthday withdrawal could be a good choice.

Therefore, our recommendation is that you carefully analyze your situation before making any decision!

Finally, if you are facing a layoff and want to know how to get more money right now, read our text about unemployment insurance! We can help you understand more about the subject and find out how to apply for the benefit.