In 2024, eligible Alaskans are set to receive a $3,200 stimulus check through the Permanent Fund Dividend (PFD) Program, a financial benefit funded by the state’s oil and mineral revenues.
Although the initial proposal was for a higher amount of $5,500, the approved $3,200 still provides significant financial relief for residents.
The Alaska legislature has officially sanctioned the stimulus check, with payments scheduled to be disbursed starting October 3, 2024.
2024 PFD Distribution Schedule
According to the Permanent Fund Dividend website, the payments will be rolled out in two waves.
The first wave of disbursements will be issued on October 3, 2024, for individuals who applied online and opted for direct deposit. Those who prefer other payment methods will receive their checks later.
The current 2023 PFD payments are still being distributed, but this new round of stimulus checks will reach all eligible residents who submitted their applications on time for the 2024 PFD.
Eligibility Criteria for the $3,200 Stimulus Check
To qualify for the 2024 PFD stimulus check, residents must meet specific criteria set by the Alaska Department of Revenue:
- Permanent Residency: Applicants must prove that they are permanent residents of Alaska.
- Residency for the Full Calendar Year: They must have lived in Alaska for the entire previous calendar year (2023).
- No Criminal Record: Individuals with a criminal record are not eligible for this financial support.
Residents should make sure they meet these conditions and submit their application correctly to secure their $3,200 stimulus check.
How to Apply for the 2024 PFD
If you haven’t applied yet, make sure to check the official PFD website to submit your application. Applicants who chose direct deposit will receive their funds first.
It’s crucial to stay informed by regularly visiting the official site and ensuring all required information is submitted accurately.
The $3,200 stimulus check will provide welcome financial relief to Alaskans as part of the 2024 Permanent Fund Dividend Program.
With payments starting on October 3, 2024, and continuing in two rounds, this benefit highlights the state’s commitment to sharing the wealth generated from its natural resources. Eligible residents should ensure they meet all criteria and apply in a timely manner to receive this substantial financial aid.
FAQs
When will the 2024 PFD payments be issued?
Payments will begin on October 3, 2024, for those who opted for direct deposit.
How much is the 2024 PFD stimulus check?
Eligible residents will receive $3,200 as part of the 2024 PFD.
Who is eligible for the PFD stimulus check in Alaska?
You must be a permanent resident of Alaska, have lived in the state for the full previous calendar year, and have no criminal record.
How do I apply for the PFD stimulus check?
You can apply online through the Alaska PFD website. Ensure your application is submitted correctly to receive the payment.
Will the 2024 PFD amount increase later in the year?
No, the approved amount for the 2024 PFD stimulus check is $3,200, lower than the originally proposed $5,500.
So wrong on the amount. You can go to the Alaska PFD website to see what the amount paid will be. It is $1702 to be distributed starting 10/03/24. If you did even the most minimal of research, you would have easily found this number on the official Alaska PFD website. Do better next time.
Lies, payment this year is $1,702