The Alaska government has officially approved a $3,200 stimulus check as part of the 2024 Permanent Fund Dividend (PFD) Program. This payout is derived from the state’s oil and mineral revenue, reflecting Alaska’s natural resource profits for the year.
Following legislative approval, the distribution of these PFD checks is scheduled to begin on October 3, 2024, for all eligible residents.
2024 PFD Distribution Schedule
While the approved amount of $3,200 is a significant financial boost for Alaskans, it is lower than the originally proposed figure of $5,500. Nevertheless, this stimulus aims to provide substantial economic relief to qualifying residents across the state.
At present, Alaska is distributing the 2023 PFD, and this new 2024 stimulus will be allocated to individuals who have submitted their applications accurately and on time via the official PFD website.
According to Alaska’s official PFD website, “The division will begin distributing the 2024 PFD in two installments. The first will be disbursed on October 3, 2024, for eligible applicants who submitted their applications online and opted for direct deposit.”
Eligibility Criteria for the 2024 Stimulus
To qualify for the 2024 PFD stimulus check, residents must meet specific eligibility requirements set by the Alaska Department of Revenue. These include:
- Establishing permanent residency in Alaska.
- Residing in Alaska for the entirety of the previous calendar year.
- Maintaining a clean criminal record.
Meeting these criteria ensures eligibility for this financial aid. For complete details on eligibility and application processes, it is crucial to consult the official guidelines issued by the State of Alaska.
Tracking Your PFD Application and Payment
Alaska residents can track the status of their PFD applications and payments through several methods:
- Online via myAlaska and myPFD portals: These platforms allow users to check their application status and receive updates on payment progress by entering their relevant information.
- In-person at PFD offices: The PFD offices are open to the public on Mondays, Tuesdays, and Fridays from 10:00 a.m. to 4:00 p.m. However, they remain closed on Wednesdays and Thursdays.
Key Dates for the 2024 PFD
- June 20, 2024: Expected payment date for applications submitted by June 12.
- July 18, 2024: Expected payment date for applications submitted by July 10.
- August 7, 2024: Deadline for submitting 2024 PFD applications.
- August 15, 2024: Final distribution of payments to eligible applicants who have not yet been paid.
Additionally, the myPFD service will be unavailable on Wednesday, July 24, 2024, from 8:00 a.m. to 10:00 a.m. due to maintenance, and PFD offices will also be closed that day.
Security Reminder
Residents should be aware that the PFD program will never request password changes via text or email, as this is a common phishing tactic. It is important to always use the official myAlaska website for all PFD-related activities to avoid potential scams.
By staying informed and adhering to the guidelines, Alaskans can ensure a smooth process for securing their 2024 PFD stimulus check.