Alaska fund to send $1,312 direct payment in 13 days
In just 13 days, the long-awaited checks from Alaska’s Permanent Fund Dividend will finally be delivered to residents by the Alaska Department of Revenue. It’s an exciting time as eligible Alaskans eagerly anticipate their annual payments, with this upcoming round being the fifth wave of 2023 PFD payments sent out since October.
To qualify for this program, applicants must have the intention of remaining a resident of Alaska indefinitely and must not have a criminal record. If you meet these requirements, you can apply for the program for 2024 starting now until March 31, either online or by filling out a paper form.
The amount of the PFD check is determined by the state’s mineral revenues each year. For 2023, the payment was a generous $1,312 per resident. This program has been a longstanding tradition, with Alaskans receiving their share of the state’s natural resource wealth for 42 years now. Alaska Department of Revenue Commissioner Adam Crum expressed his gratitude to the hardworking team at the Permanent Fund Dividend Division for their tireless efforts in administering the program and processing applications.
This year, the program saw a significant increase in applications compared to 2022, processing over 8,000 more. The 2023 PFD will inject nearly $1 billion into the state’s economy, providing a much-needed boost directly into the hands of Alaskans.
On January 18, residents who have the “Eligible-Not Paid” status as of January 10 and have yet to receive their 2023 or earlier payments will finally receive their long-awaited funds. For more information on the state program, including eligibility requirements, be sure to visit the Alaska Department of Revenue’s website.
How much money will the 2023 PFD inject into Alaska’s economy
In just 13 days, the long-awaited checks from Alaska’s Permanent Fund Dividend will finally be delivered to residents by the Alaska Department of Revenue. It’s an exciting time as eligible Alaskans eagerly anticipate their annual payments, with this upcoming round being the fifth wave of 2023 PFD payments sent out since October.
To qualify for this program, applicants must have the intention of remaining a resident of Alaska indefinitely and must not have a criminal record. If you meet these requirements, you can apply for the program for 2024 starting now until March 31, either online or by filling out a paper form.
The amount of the PFD check is determined by the state’s mineral revenues each year. For 2023, the payment was a generous $1,312 per resident. This program has been a longstanding tradition, with Alaskans receiving their share of the state’s natural resource wealth for 42 years now. Alaska Department of Revenue Commissioner Adam Crum expressed his gratitude to the hardworking team at the Permanent Fund Dividend Division for their tireless efforts in administering the program and processing applications.
This year, the program saw a significant increase in applications compared to 2022, processing over 8,000 more. The 2023 PFD will inject nearly $1 billion into the state’s economy, providing a much-needed boost directly into the hands of Alaskans.
On January 18, residents who have the “Eligible-Not Paid” status as of January 10 and have yet to receive their 2023 or earlier payments will finally receive their long-awaited funds. For more information on the state program, including eligibility requirements, be sure to visit the Alaska Department of Revenue’s website.
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