FGTS Calculator Brazil
FGTS Brazil
Calculate the FGTS (Fundo de Garantia) balance accumulation based on monthly salary and employment duration
R$
months
%
Formula
Monthly Deposit = Salary x 8%; Balance = Cumulative deposits compounded at annual yield rate
Frequently Asked Questions
What is FGTS in Brazil?
FGTS (Fundo de Garantia do Tempo de Servico) is a mandatory severance fund where employers deposit 8 percent of an employee monthly salary. The fund can be withdrawn upon termination without cause, home purchase, or retirement.
What is the interest rate on FGTS?
FGTS earns a fixed rate of 3 percent per year plus TR (Taxa Referencial). In practice, this rate is below inflation, meaning the purchasing power of FGTS balances decreases over time.