$1,702 Payout Dates Confirmed: Find Out if You Qualify for This Free Money Now That Stimulus Checks Have Stopped
Americans who have already gotten their stimulus checks should continue to look for them. It could take the shape of a benefit, the Guaranteed Income Program, or a PFD check, as in Alaska.
The Alaska Department of Revenue’s Permanent Fund Dividend division has officially announced the PFD payment amounts and dates for qualified direct payment or check recipients.
PFD Payout Schedule for October
Some Alaskans who qualified received immediate payments on October 3. However, some will receive it in more than two weeks. The PFD division claims that the next payday will be October 24, 2024.
As of October 8, there are 16 days left to get this huge reward in Alaska. The fact is that the amount beneficiaries will receive is greater than the prior year.
According to the Department of Revenue, the new PFD amount is $1,702, an increase from $1,312. As a result, eligible grantees will receive an increase of around $390. A remarkable rise in a single year.
PFD Payment Eligibility
Because this will be the second significant distribution for eligible Alaskans, you must meet the following requirements to receive funds on the 24th.
- Eligible applicants who filed on paper
- Eligible candidates who choose paper checks as their payment method
- October 14, your status must be: “Eligible-Not Paid”.
Those who did not file in 2024 will be able to apply for Permanent Fund Dividend checks or direct transfers beginning in 2025. Indeed, applications will be accepted beginning January 1, 2025.
The following are some of the most critical eligibility conditions for the 2025 PFD check:
- Being a resident of Alaska for the whole 2024 calendar year
- You intend to keep residing in Alaska.
- You did not apply for residency somewhere else.
- To avoid exceeding the restriction, you should not be absent from Alaska for an extended period.
- Not being in jail.
- Be physically present for at least 72 continuous hours in 2024 or 2023.
