$1,702 Direct Deposits Confirmed: Economic relief schemes have always been a major subject for people living in the US. Especially since the Korona epidemic, the government and different states issued different types of Stimulus Checks and Relief Packages. In 2025 too, the IRS (Internal Revenue Service) and Alaska State Government have decided to provide additional financial assistance to the citizens.
This year there are two types of relief – first, special steamulus checks by IRS and second, Alaska’s famous PFD (Permanent Fund Dividend) payment. This program not only supports the residents financially but also makes them a part of the income from the state’s natural resources.
What is PFD and how did it start?
PFD (Permanent Fund Dividend) is a special plan of Alaska State, under which the eligible residents are paid every year. The money of this fund comes from Alaska’s natural resources, mineral royalties and benefits from investment.
The constitution of Alaska is based on the fact that the benefits of the state’s natural resources should not be limited to the government only, but also reach the public. Therefore, this payment is given to every eligible citizen by Alaska Department of Revenue.
This program not only provides financial assistance but also creates a kind of economic freedom and a sense of social security among the people of the state.
Special Stimulus Czech 2025 by IRS
In 2025, IRS announced that those who had filed tax returns of 2021 but they did not claim Economic Impact Payment (EIP), while they were eligible for it – they will now get special stemulus checks.
This relief will prove to be extremely useful for those who did not take advantage of their eligibility for any reason for some reason. In such a situation, IRS will send this payment directly to their account and then Alaska State Government will release PFD payment.
New PFD Payment dates in 2025
Alaska Department of Revenue has announced some new dates for 2025.
- The first installment has been released on 16 January 2025.
- If you were not eligible on this date, the next date is fixed on 20 February 2025.
- To get this payment, your PFD status should be “Eligible – Not Paid” and this situation should be updated by 12 February 2025.
- After this, the next big date is September 2025, when the eligible people will get $ 1,702 (about Rs 1,41,000).
So far, the state government has confirmed these dates only.
Can you still apply for PFD?
Yes, it is possible to apply for PFD, but some rules have been fixed for this.
- Those who have applied in 2024 will be able to receive money on the next two payment dates of 2025.
- PFD Application Period for new applicants will be from 1 January 2025 to September 2025.
- The application will only be accepted online and only one application will be taken from each person.
Therefore, if you want to get this benefit, then it is mandatory to apply online in time.
Eligibility Terms for PFD
Some stringent rules have been made to get PFD payment. Applicant needs to follow these conditions:
- The entire calendar should be a resident of Alaska till the year.
- Your intention should be permanently living in Alaska.
- You should not have applied for a residence in any other state or country.
- There should be no criminal punishment or jail sentence in the year 2024.
- You have gone out of the state within the limit fixed by DOR.
- You have been physically present in Alaska for minimum required time.
The purpose of these rules is to ensure that only real and permanent residents can take advantage of this benefit.
Importance of PFD program
PFD is not only financial help, but it is a symbol of Alaska’s state policy and thinking of social justice. Some of its major importance are as follows:
- Economic relief: Payment received every year helps families in spending and savings.
- Social equality: This ensures that the benefits of the state’s resources reach every resident.
- Permanent Economic Sources: Citizens are given annual benefits by investing the income from natural resources properly.
- Citizens’ loyalty: This scheme keeps people connected to the state and permanently motivates to live there.
IRS and PFD – Dual relief in 2025
2025 Alaska will be special for residents as they are going to get dual relief:
- Special Stimulous Czech by IRS – for those who were deprived of the 2021 EIP.
- Alaska PFD Payment – Economic benefits given regularly by the state government.
Both these sources will provide financial strength to citizens and it will also positively affect the local economy.
conclusion
In 2025, Alaska residents will get not only Stimulous check by IRS but also PFD payment from the state government. This program will make them more strong and self -sufficient by becoming an economic support for the residents of the state.
If you have already applied and are eligible, then you can get payment at the upcoming dates – 20 February 2025 and September 2025. Also, new applicants can apply between 1 January to September 2025.
Make sure you meet all eligibility conditions and apply at the right time, so that you can take advantage of this important financial assistance.
FAQs:
Q. What is PFD?
A. PFD (Permanent Fund Dividend) is a yearly payment given to eligible Alaska residents from mineral royalties and state investments.
Q. When are the next PFD payment dates in 2025?
A. The confirmed dates are February 20, 2025, and September 2025 ($1,702).
Q. Can I still apply for PFD 2025?
A. Yes, but only applications filed between January 1 and September 2025, will be considered.