FGTS profits start to be deposited. Find out now how to get it

Caixa begins today, June 27, the payment of approximately 132 million workers related to the distribution of R$12.7 billion FGTS profit.

Therefore, the amount corresponding to 99% of last year's FGTS profit will be made with deposits until August 31, according to Caixa.

But do you know what payment actually means? FGTS Fund Profit and to whom and when will it be paid?

If you still have any of these questions, don't worry, as we will help you understand everything about the FGTS Fund Profit so that you don't miss any deadlines.

What is FGTS Profit?

Since 2017, Brazilian workers have been receiving a deposit of profits generated by amounts deposited in FGTS accounts.

In this way, Caixa Econômica Federal, responsible for managing FGTS accounts, makes investments with the idle amounts in areas such as infrastructure and sanitation.

Therefore, all income obtained through loans is divided every year between account holders.

It is as if it were an investment with profitability, in this way, the amounts deposited will depend on the balance in each worker's account.

Who can receive FGTS profits?

If you had a balance in FGTS accounts up until December 31 of the previous year, that is, 2022, you are eligible to receive a proportional amount of the FGTS profit.

This way, even if you withdrew your FGTS in 2023 for some reason, in August you will receive the income corresponding to the amount that was deposited until December 31, 2022.

It is worth remembering that deposits made relating to active and inactive accounts as long as they comply with the stipulated date.

The active accounts are those from your current job and the inactive accounts from previous jobs up until the deadline.

How much FGTS profit will I receive?

If you have already discovered that you are entitled, you still need to know the amount deposited for your FGTS profit.

Therefore, to know how much you will receive, you will need to do a very simple calculation using as a basis the total value of each FGTS account in your name on December 31 of last year.

Therefore, you will need to take this value and multiply it by 0.02461511.

A practical example would be:

You had a balance of R$ 1,000.00 on 12/31/2022. So the account would be 1,000 x 0.02461511.

Therefore, you would have the amount to receive of R$ 24.61 referring to the FGTS profit.

Another option is to calculate that for every R$ 100.00 the worker will receive R$ 2.46.

Pretty simple, right?!

How do I check my FGTS balance?

However, in order for you to be able to do this calculation accurately, it is important to know what your balance was in December of the previous year.

So, so that you can check your balance in a practical way, simply consult it through the Caixa Econômica Federal FGTS application, available for Android and iOS.

If you are unable to make the query through the application or by the website, you can go directly to any Caixa branch and request your FGTS statement.

Conclusion

THE FGTS profit It basically works as an application that generates income, so we can think that your money is being “lent” for infrastructure and sanitation improvements.

However, it is important to remember that although the amount is being deposited, you can only withdraw it following the same rules for withdrawing FGTS.