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$1,312 Payments for Alaska Residents: Find Out If You Qualify for This Dividend

$1,312 Payments for Alaska Residents: Find Out If You Qualify for This Dividend

Exciting news for Alaskans! The highly anticipated $1,312 stimulus checks, part of the Alaska Permanent Fund Dividend (PFD), will be distributed on January 16, 2025 to eligible residents. This payout reflects the state’s commitment to sharing oil and gas revenues with its citizens. Here’s everything you need to know about eligibility, payment methods, and how to ensure you receive your check.

Who’s Eligible for the $1,312 PFD Payment?

To qualify for the $1,312 stimulus payment, applicants must meet these criteria:

  • Residency: Must have been a legal Alaska resident for at least 12 months prior to the application deadline and plan to remain indefinitely.
  • Absence Restrictions: Must not have been out of the state for more than 180 days during the qualifying year unless for approved reasons, like military service, education, or medical treatment.
  • Legal Compliance: Must not have felony convictions or disqualifying misdemeanors during the qualifying period.

When Will Payments Be Sent?

Payments are scheduled to be disbursed on January 16, 2025, specifically for individuals whose application status was marked as “Eligible-Not Paid” by January 8, 2025.

How Will Payments Be Made?

  • Direct Deposit: Funds will be transferred to the bank account provided during the application process.
  • Paper Checks: Mailed to those who did not provide direct deposit information.

Missed the Application Deadline?

If you didn’t apply for the 2024 PFD, don’t worry. Applications for the 2025 PFD will open between January 1 and March 31, 2025. Make sure to apply during this period to be eligible for next year’s payout.

How to Check Your Payment Status

Applicants can monitor their status on the official Alaska Permanent Fund Dividend Division website to confirm their payment details and ensure there are no delays.

Final Thoughts

This $1,312 payout is a vital financial boost for many Alaskan families. If you’re eligible, double-check your payment details and be on the lookout for your funds on January 16, 2025. For more updates, visit the PFD Division’s official site or contact their office directly. Don’t miss out on this annual benefit

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