For Alaskans, the Permanent Fund Dividend (PFD) is more than just a yearly payout—it’s a testament to the state’s commitment to sharing its wealth from natural resources with its residents. This year’s PFD payment, set at $1702, also includes an energy relief boost, making it particularly valuable given the rising cost of living and energy expenses. If you’re eligible, here’s everything you need to know about claiming your PFD payment in October 2024.
When Will I Receive $1702 Alaska PFD Stimulus Payment?
If you applied for the PFD online and chose direct deposit, you should see the funds in your account by Thursday, October 3, 2024. To ensure that you’re on track to receive your payment, check your application status. It should read “eligible-not paid” as of September 20, 2024.
Not sure of your status? You can easily check it through the myPFD portal on the State of Alaska Department of Revenue website. Be cautious of potential scams— the Department of Revenue will never ask you to change your password via email or text message.
Eligibility Criteria for the $1702 Alaska PFD Stimulus Payment?
To claim the $1702 PFD payment, you must meet several eligibility requirements:
- Residency:
- You must have been a resident of Alaska for the full calendar year of 2023.
- At the time of your application, you must have the intention to remain in Alaska indefinitely.
- Since December 31, 2022, you must not have claimed residency or received benefits from any other state or country.
- Criminal History:
- If you have been convicted of two misdemeanors or a felony since 1997, you must not have been sentenced for a felony or served time for a misdemeanor during 2023 to remain eligible.
- Physical Presence in Alaska:
- You must have been physically present in Alaska for at least 72 consecutive hours in either 2022 or 2023.
- If you were away from Alaska for more than 180 days, you must qualify for an allowable absence as defined by PFD rules.
How to Ensure You Receive Your $1702 Alaska PFD Stimulus Payment?
To avoid any delays in receiving your PFD payment, make sure you’ve:
- Applied online through the official PFD application portal.
- Checked your status to ensure it reads “eligible-not paid” by September 20.
- Signed up for direct deposit to receive your payment faster.
- Remained vigilant against phishing scams that may target PFD recipients.
Don’t Miss Out on Your $1702 Alaska PFD Stimulus Payment?
The $1702 PFD payment is a significant financial boost for Alaskans, especially with the added energy relief this year. Make sure you meet all the eligibility criteria, and keep track of your application status to ensure a smooth and timely payment in October 2024. If you’re unsure about your status or have any concerns, log in to the myPFD portal to stay updated and avoid missing out on this valuable benefit.
References
- Alaska Department of Revenue – Permanent Fund Dividend Division
https://pfd.alaska.gov/ - myPFD Portal
https://mypfd.alaska.gov/ - PFD Eligibility Requirements
https://pfd.alaska.gov/Eligibility/Eligibility-Requirements - PFD Payment Schedule
https://pfd.alaska.gov/Payment-Info/Payment-Dates - Alaska Department of Revenue – Alerts and Notices
https://pfd.alaska.gov/News/Alerts - Energy Relief Information
https://pfd.alaska.gov/Information/2024-Energy-Relief
