The Alaska Permanent Fund Dividend (PFD) for 2025 offers eligible residents a payment of $1,702, comprising a base dividend of $1,403.83 and an energy relief supplement of $298.17. This annual distribution, funded by the state’s oil revenues, aims to support Alaskans and stimulate the local economy.
Summary Table: Alaska PFD 2025 Overview
Detail | Information |
---|---|
Program Name | Alaska Permanent Fund Dividend (PFD) |
Total Payment | $1,702 per eligible resident |
Breakdown | |
Eligibility Criteria | |
Application Period | January 1 – March 31, 2025 |
Payment Dates | |
Application Methods | Online via myAlaska or by mail |
Official Website | pfd.alaska.gov |
Understanding the Alaska Permanent Fund Dividend (PFD)
Established in 1976, the Alaska Permanent Fund was created to manage the state’s oil revenues and ensure that the benefits of these resources are shared with residents. The PFD program distributes a portion of the fund’s earnings to eligible residents annually, providing financial support and promoting economic stability within the state.
Payment Schedule for 2025
The PFD payments for 2025 are distributed on multiple dates, depending on the status of the application:
- April 17, 2025: For applications approved by April 9
- May 15, 2025: For applications approved by May 7
- June 18, 2025: For applications approved by June 11
Subsequent payments will continue monthly through December 2025 for later approvals.
How to Confirm Receipt of Your PFD Payment
To verify whether you have received your PFD payment:
- Check Your Bank Account: Look for a deposit from “Alaska PFD” on or after the scheduled payment date.
- Access Your myAlaska Account: Log in to your myAlaska account to review your application status and payment history.
- Contact the PFD Division: If you have not received your payment within a reasonable time frame after the scheduled date, reach out to the PFD Division for assistance.
Additional Information
- Tax Implications: The PFD is considered taxable income by the IRS but is tax-free in Alaska.
- Application Assistance: For help with your application or to update your information, visit the PFD official website or contact the PFD Division directly.
Frequently Asked Questions (FAQs)
Q1: What is the total amount of the 2025 PFD payment?
A1: The total payment is $1,702, which includes a base dividend of $1,403.83 and an energy relief supplement of $298.17.
Q2: Who is eligible to receive the PFD?
A2: Eligibility requirements include full-year residency in Alaska during 2024, intent to remain in the state indefinitely, physical presence in Alaska for at least 72 consecutive hours in 2023 or 2024, no felony convictions or certain misdemeanors in 2024, and not claiming residency elsewhere since December 31, 2023.
Q3: How can I apply for the PFD?
A3: Applications can be submitted online via myAlaska or by mail during the application period from January 1 to March 31, 2025.
Q4: When will I receive my PFD payment?
A4: Payment dates depend on when your application is approved. For example, if your application is approved by June 11, 2025, you will receive your payment on June 18, 2025.
Q5: Is the PFD payment taxable?
A5: Yes, the PFD is considered taxable income by the IRS, although it is tax-free in Alaska.
For more detailed information and updates, visit the official PFD website at pfd.alaska.gov.
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