Who Should Apply for the PFD
The deadline to apply for the 2025 Alaska PFD is approaching, and applications will be rejected after March 31.The Alaska Permanent Fund (PFD) was created in 1976, using oil revenues in combination with investments to benefit Alaska’s future generations.
Here are some of the requirements according to the Alaska State Department of Revenue: - At the time of filling out the application, your intention is to remain in Alaska indefinitely. - Have been a resident of Alaska for all of 2024. - Not have claimed residency in another state or country since December 31, 2023. - Not have been convicted or imprisoned for a felony in 2024. - Have been physically present in Alaska for more than 72 consecutive hours if you were out of state for more than 180 days during an allowed absence. For those who qualify, filling out the application online is the fastest and safest option, according to the Alaska Department of Revenue. Before submitting, check that all the information is correct and remember that you must complete an application for each eligible person, including children and parents. It is also important to consider possible student loans or child support garnishments. To receive your dividend, you can choose between direct deposit or physical check. Although the amount of the 2025 PFD has not yet been announced, the state of Alaska paid out $1,702 in 2024. You can also donate a portion of your dividend to local charities through the Pick.Click.Give program, available on the official website: https://pfd.alaska.gov. Staying on top of the application process can help you get paid smoothly and make informed decisions. Finally, if you meet the requirements, but cannot demonstrate your eligibility as a U.S. citizen, lawful permanent resident, or alien with refugee or asylum status granted, we recommend that you do not apply for the PFD. |