1702 Stimulus Payment Claim October: Alaskans get a $1,702 Permanent Fund Dividend (PFD) every year. This is more than just extra money, it shows that the state wants to share the wealth it has created from natural resources with its people.
The PFD wants all Alaskans to be able to use the state’s mineral, oil, and gas resources. The payment this year is bigger than usual because it includes an extra energy relief boost to help people deal with rising living costs and utility bills.
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When will you receive the payment?
If you applied online and selected direct deposit, you should get the money in your account by Thursday, October 3.
To confirm you are set to receive your payment, check that your application status is still “eligible-not paid” as of September 20, 2024.
You can easily verify your status through the myPFD portal on the State of Alaska Department of Revenue’s website.
Be cautious of scams, remember that the Department of Revenue will never request a password reset via email or text message.
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1702 Stimulus Payment Claim October: Eligibility
There are a few important things you need to do to get the Permanent Fund Dividend (PFD).
- You must have lived in Alaska the whole year of 2023 and plan to stay there permanently. You also couldn’t have said you lived in another state or country or gotten benefits from there after December 31, 2022.
- If you have been convicted of a felony or two misdemeanors since 1997, you cannot have served time for a misdemeanor or been sentenced for a felony in 2023.
- You had to have spent at least 72 hours in Alaska in 2022 or 2023. If you were out of the state for more than 180 days, you had to have a valid leave of absence.
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