Alaska Residents to Receive $1,312 Direct Payments in Eight Days: Stimulus Update
Exciting News for Eligible Alaskans: PFD Checks on the Way!
Attention, Alaskans! In just a week, a wave of financial warmth is set to sweep over the cooler climate of the Last Frontier. The Alaska Department of Revenue is gearing up to dispatch a fresh round of Permanent Fund Dividend (PFD) checks to eligible residents who’ve been patiently awaiting their share.
Mark Your Calendars: March 21st is Payout Day
If you found yourself labeled as “Eligible-Not Paid” as of this past Wednesday, get ready to join in on the celebration. This includes folks awaiting payments for 2023 or any earlier editions of the PFD. Keep an eye out because it’s your turn to receive the much-anticipated dividend checks this March 21st.
“The 2023 PFD marks the 42nd year Alaskans have received their share of the state’s natural resource wealth,” said Adam Crum, Alaska’s Department of Revenue Commissioner. He also expressed gratitude towards the Permanent Fund Dividend Division for their relentless effort in managing the program and processing an extensive array of applications.
What Goes into the PFD Pot?
The PFD’s size is a reflection of Alaska’s yearly mineral revenues, a testament to the state’s resource wealth. This past year, each eligible Alaskan savored the moment they received their $1,312 check, a move that kicked off back in October.
A Boost for Alaskans and the Economy
Commissioner Crum shared, “We processed over 8,000 more applications than in 2022.” He spotlights the sweeping impact of the PFD, highlighting that it’s poised to pump close to $1 billion into Alaska’s economy, putting tangible benefits directly into the hands of its residents.
Get Set for 2024’s PFD
Looking ahead, the 2024 Permanent Fund Dividend beckons, with applications open until March 31st. Whether you opt for the convenience of an online application or prefer the tactile approach of a paper form, it’s your opportunity to claim your share. Eligibility hinges on your intent to call Alaska your home indefinitely and requires that you’re not a convicted felon, among other criteria.
- Deadline for 2024 PFD applications: March 31st
- Online & paper applications available
- Must plan to remain an Alaska resident indefinitely
- No convictions for a felony
Learn More and Apply
For the full rundown on the ins and outs of the Permanent Fund Dividend program – including the nitty-gritty details on eligibility and application procedures for 2024 – make a beeline for the official Alaska Department of Revenue website. It’s brimming with all the information you need to secure your slice of Alaska’s natural treasure.
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