Two New Payment Dates Announced for Citizens in This State – And It’s Not a Stimulus Check

As the year progresses, residents of Alaska are eagerly anticipating the next round of payments from the state’s Permanent Fund Dividend (PFD). While many Americans might no longer qualify for state stimulus checks, Alaskans still have the opportunity to receive financial assistance through the PFD, which has two upcoming payment dates in October 2024.

October Payments

The Alaska Department of Revenue’s Permanent Fund Dividend division has announced the disbursement schedule for the 2024 PFD checks. These payments are crucial for many Alaskans, providing a financial cushion in a state where living costs can be steep.

First Disbursement

The first significant disbursement for the 2024 PFD is scheduled for October 3, 2024. To qualify for this payment, applicants must meet several key requirements:

1. Eligibility: You must be an eligible applicant, meaning you meet all the criteria set by the PFD division.
2. Online Filing: Your application should have been filed online, which is the preferred method for quicker processing.
3. Direct Deposit: Applicants who chose direct deposit as their payment method will receive their money faster.

Opting for direct deposit is highly recommended if you want to receive your PFD payment promptly. It’s a more efficient process than waiting for a paper check, which can take longer to arrive.

Second Disbursement

Not everyone will qualify for the first round of payments. If your PFD status on September 20, 2024, does not show “Eligible-Not Paid,” you might still have a chance to receive your money later in October. The second payment date is set for October 24, 2024, for those who:

1. Filed by Paper: If you submitted your PFD application by mail, your payment will be processed later.
2. Chose Paper Check: If you opted to receive a paper check rather than a direct deposit, your payment will also be part of the second disbursement.

Checking Your Status

To ensure that you receive your payment on time, it’s crucial to monitor your PFD status. The Alaska Department of Revenue provides a convenient online tool for checking the status of your application. You can visit the official PFD website at https://myinfo.pfd.dor.alaska.gov/home to see if your payment is scheduled for the October disbursements.

Planning for 2025

Once you’ve received your 2024 PFD, it’s a good idea to mark your calendar for next year’s application period. Alaskans can start applying for the 2025 PFD on January 1, 2025, with the application window remaining open until March 31, 2025. Filing early and opting for direct deposit can again help ensure you receive your payment as soon as possible.

Income Programs

While the PFD is a major source of financial assistance in Alaska, it’s not the only program available. Some residents may still be receiving payments from the 2023 PFD, and there are also Basic Income Programs like the one in Boulder County, Colorado. These programs, though less widespread than the PFD, offer another avenue of support for those in need.

Alaskans who do not qualify for the early October PFD payment or miss the later October date should stay informed about additional payment dates. The state may announce further disbursements, and keeping your status up to date online will help you avoid missing out on any funds you may be eligible for.

So, while the days of widespread state stimulus checks may be dwindling, Alaskans can still look forward to significant financial support from the PFD, provided they meet the necessary criteria and keep an eye on the upcoming payment dates.

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