Brazil FGTS Calculator
Calculate FGTS balance: employer 8% monthly deposits, projected fund growth at 3% p.a., interest earned, and 40% multa indemnity on unjustified dismissal.
Employment Details
FGTS Balance & Dismissal Multa
Balance Breakdown
Come utilizzare Brazil FGTS Calculator
Enter monthly salary and months worked
Enter your gross monthly salary. The employer deposits 8% of this amount into your FGTS account every month. Also enter how many months you have worked (or plan to).
Enter existing FGTS balance
If you already have a balance in your FGTS account, enter it here. This balance will be compounded with the new deposits at the selected interest rate.
Review FGTS balance and dismissal multa
See the projected FGTS balance, estimated interest earned, and the 40% multa (indemnity) payable upon unjustified dismissal. The multa is paid directly by the employer.
Suggerimenti
- Check your FGTS balance anytime via the FGTS app (official Caixa Econômica Federal application).
- The 40% multa is an employer obligation — it is not deducted from your FGTS balance but paid separately.
- Consider the Saque-Aniversário carefully: you gain annual withdrawals but lose the right to full balance upon dismissal.
- FGTS can be used as a down payment (entrada) or to reduce mortgage balance on Minha Casa Minha Vida or other approved housing programs.
Domande frequenti
What is FGTS?
FGTS (Fundo de Garantia do Tempo de Serviço) is a mandatory Brazilian employment protection fund. Employers deposit 8% of the employee's gross monthly salary into a linked account. The fund provides financial security for workers in case of dismissal, retirement, or serious illness.
When can FGTS be withdrawn?
FGTS can be withdrawn in several situations: (1) unjustified dismissal (without cause) — full balance; (2) retirement; (3) death of the employee; (4) purchase of first home; (5) diagnosis of HIV, cancer, or terminal illness; (6) natural disasters; (7) birthday withdrawals (Saque-Aniversário) — partial annual withdrawal.
What is the 40% multa and who pays it?
When an employer dismisses an employee without just cause (demissão sem justa causa), the employer must pay a 40% penalty (multa) on the total FGTS balance. This is paid directly by the employer and does not reduce the employee's FGTS balance. An additional 10% is paid to the government as a social contribution (CSRF).
What interest does FGTS earn?
FGTS earns 3% per year plus TR (Taxa Referencial). The TR has been close to zero for many years, so the effective return is approximately 3% annually. This is below inflation, which has been a point of criticism — employees effectively see real value erosion in their FGTS accounts.
What is Saque-Aniversário (Birthday Withdrawal)?
Saque-Aniversário is an optional modality that allows workers to withdraw a portion of their FGTS balance annually (in their birth month). Participation is optional but irrevocable for 2 years. Workers who opt in lose the right to withdraw the full balance upon unjustified dismissal, receiving only the 40% multa.