When can FGTS be withdrawn?

When can FGTS be withdrawn? Find out in which situations you can take advantage of this benefit. 

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Now that you understand What is the FGTS and how does it work, it is important to know in which situations you can withdraw your Service Time Guarantee Fund. 

In this post, we will explore the main circumstances under which FGTS can be withdrawn, providing useful information so that you can use this resource when necessary. 

You will certainly be surprised to find out when it can be withdrawn!

Keep reading to find out more!

When can FGTS be withdrawn? 

One of the most common situations in which it is possible to withdraw the FGTS is unfair dismissal. 

In this case, the worker is entitled to receive the full FGTS balance deposited in their linked account, including income. 

Furthermore, this benefit can also be withdrawn at the time of retirement, both depending on age and contribution time. 

There are other situations in which the FGTS can be withdrawn, such as when the worker or a dependent is hospitalized with serious illnesses, such as cancer, HIV, chronic kidney disease, among others. 

In these cases, it is possible to use this resource to assist in medical treatment and improve quality of life.

Furthermore, the Guarantee Fund can be used to purchase your own home, either to start financing or to pay the total value of the property. 

This alternative is a great chance to fulfill your desire to own your own home and secure a home.

There are also other specific situations in which the FGTS can be withdrawn, such as:

• in cases of natural disasters that affect the worker's area of residence;
• when the fixed-term contract ends;
• in the event of the death of the holder of the linked account;
• Birthday Loot. 

Conclusion 

In this second text, we explore the main situations in which the FGTS can be withdrawn, providing a greater understanding of the moments in which you can use this resource. 

Now that you know when it is possible to withdraw your Guarantee Fund, in the next text we will cover the process of how to withdraw it in a simple and practical way. 

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