This month, a NEW round of permanent stimulus checks totaling up to $1,702 is being distributed.
To qualify for the funds, you must meet six specific criteria—discover what they are.
2
The state of Alaska is issuing its Permanent Fund Dividend, a yearly payment to its residents.
This financial assistance is granted to those who remain committed to the state by residing there for an extended period.
The application window opened on January 1, 2025, and will close on March 31.
You can submit your application online using your myAlaska username, as stated on the state’s official government website.
Payments are distributed in phases, with the latest occurring this month.
Applicants who submit their applications between February 12 and March 12 can expect to receive their payment on March 20.
Additionally, there were two prior distribution dates: January 8 and February 12.
This year, each dividend payment is set to be $1,702.
You can track the status of your application on the official site.
This program is financed by the Alaska Permanent Fund, which oversees the state’s oil revenues.
Genevieve Wojtusik, Division Director, stated: “Our mission is to manage the permanent fund dividend program, ensuring all eligible Alaskans receive their dividends on time while addressing fraud and treating all stakeholders with respect.”
WHAT ARE THE ELIGIBILITY REQUIREMENTS?
To qualify for the payment, you must meet six specific eligibility criteria.
First, you must have been an Alaskan resident for the entire 2024 calendar year.
At the time of your application, you should intend to remain in the state indefinitely.
You must not have established residency in another state or country, or claimed any benefits associated with such a residency claim since December 31, 2023.
What are the five stimulus check waves?
IF a third stimulus payment is approved, the IRS will likely follow the same system used previously, distributing checks based on priority groups.
Here are the five IRS groups and find out which category you fall into:
Direct deposit recipients: Individuals who have their direct deposit information on file with the IRS or provide it during registration will likely be the first to receive their stimulus check.
Social Security beneficiaries: Many Social Security beneficiaries with direct deposit on file received their checks in the initial week during the last stimulus payment, though not always immediately.
Individuals receiving paper checks: The IRS began mailing checks approximately a week later to those without direct deposit information.
EIP card recipients: The Economic Impact Payment (EIP) debit cards, which are prepaid Visa cards, were dispatched to around four million individuals starting in mid-May.
If the IRS maintains the same priority order, this group may see their payments several weeks after the first direct deposit transfers.
People with more complex situations: This category encompasses individuals who received their first checks after June, are still waiting for theirs, or those unaware of additional steps needed to obtain their payments.
Applicants must not have been sentenced for a felony conviction in 2024, nor can they be incarcerated due to a felony or misdemeanor conviction.
You are required to have been present in Alaska for a minimum of 72 consecutive hours during 2023 and 2024, and you may only be absent from the state for over 180 days if such absence is permitted.
These requirements aim to promote loyalty to the state while rewarding residents who continue to stay.
Prospective applicants should only apply if they can confirm they meet all the above criteria.
Applications can be submitted online at any time of day, any day of the week.
2
