Personal Finance

1312 Stimulus Payment Date: Find out when you will receive the $1,312 payment

The Alaska Permanent Fund, established in 1976, provides a $1,312 payout to eligible Alaskans through the Permanent Fund Dividend program, supporting essential needs like food, housing, and healthcare.

1312 Stimulus Payment Date: Since its establishment in 1976 to manage oil revenues, the Alaska Permanent Fund has become a key financial lifeline for residents. This September, eligible Alaskans will get a $1,312 payout through the Permanent Fund Dividend (PFD) program, showing that the state wants to give the money it makes from natural resources straight to its people.

The PFD is a great feature of Alaska’s economy, designed to ensure that the state’s oil and gas profits benefit everyone. Managed by the Alaska Permanent Fund Corporation, this annual dividend provides a reliable income stream, offering significant support for basic essentials like food, housing, and healthcare, especially during difficult periods.

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1312 Stimulus Payment Date: When you will receive it?

For those who had their 2023 or earlier dividend applications marked as “Eligible-Not Paid” by August 7, 2024, the payment was made on August 15, 2024.

If your application reaches “Eligible-Not Paid” status by September 4, 2024, expect your payment on September 12, 2024.

For applications from 2024 or earlier that are still in “Eligible-Not Paid” status by September 20, 2024, the payment will be issued on October 3, 2024. If it remains in that status by October 14, 2024, you’ll receive your payment on October 24, 2024.

How to apply for the PFD?

To apply for the PFD, make sure to meet the eligibility requirements. You’ll need to prove continuous residency in Alaska and follow specific rules regarding any long-term absences.

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To be eligible for the dividend, you must also keep your crime record clean. It’s very important to be honest and accurate when asking so that you don’t have to wait or have problems getting the money.

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