$1,702 Stimulus Payment for Everyone: June 2025 Full Payment Schedule & Eligibility Conditions

$1,702 Alaska Permanent Fund Dividend (PFD) Payment 2025

Thousands of Alaska residents will receive a $1,702 stimulus payment in 2025 through the Alaska Permanent Fund Dividend (PFD) program. This program shares income generated from the state’s natural resources—mainly oil—with eligible residents. The 2025 payment includes:

• $1,403.83 as a regular dividend
• $298.17 as an energy assistance bonus approved by the state legislature.

What Is the Alaska Permanent Fund Dividend (PFD)?

The Alaska Permanent Fund was created in 1976 to save part of the state’s oil earnings for future generations. Managed by the Alaska Permanent Fund Corporation (APFC), the fund invests in stocks, bonds, and real estate. Every year, about 5% of the fund’s earnings are paid out to eligible Alaska residents as the Permanent Fund Dividend.

Eligibility Requirements for the 2025 PFD

To qualify for the 2025 PFD, residents must:

• Have lived in Alaska throughout 2024 and intend to remain permanently.
• Be physically present in Alaska for at least 72 consecutive hours in 2023 or 2024.
• Justify any absence longer than 180 days due to reasons such as school, medical care, or military service.
• Not have felony or multiple misdemeanor convictions in 2024.
• Apply by the April 2025 deadline; late applications are not accepted.
• Avoid obtaining an out-of-state REAL ID driver’s license, which can affect eligibility.

Each individual, including minors, must submit their own application either online at pfd.alaska.gov or by paper.

How Much Is the 2025 PFD Payment?

The 2025 PFD payment is $1,702 per eligible person. While this amount varies yearly based on fund performance and state decisions, the stable payout reflects a positive outlook for Alaska’s economy.

Payment Schedule for 2025

• April 17, 2025: Payments for applications eligible but not paid by April 9.
• May 15, 2025: Payments for applications eligible but not paid by May 7.
• June 18, 2025: Payments for applications eligible but not paid by June 11.

Applicants with “Eligible-Not Paid” status before these dates will receive payments accordingly.

How to Apply for the 2025 Alaska PFD

1. Visit pfd.alaska.gov.
2. Log in or create a myAlaska account.
3. Complete the application with your personal info, proof of residency, and banking details.
4. Upload documents if you had a temporary absence.
5. Submit before the April 2025 deadline.
6. Double-check your information to avoid delays.

Common Mistakes That Could Delay or Deny Your PFD

• Missing the application deadline.
• Providing incorrect or outdated bank or mailing info.
• Not properly reporting absences.
• Failing to prove residency accurately.

Tax Information

The Alaska PFD is not taxed by the state, but it is taxable income according to the IRS. You must report the $1,702 payment when filing your 2025 federal taxes. Adjust your withholding if needed to avoid surprises.

What If You Miss the Deadline?

Late applications are not accepted in Alaska. If you miss the deadline, you will have to wait until the next year’s cycle to apply.

Conclusion

The 2025 Alaska PFD payment offers residents a chance to share in the state’s natural resource wealth with a $1,702 payout. Meeting residency and legal requirements, applying on time, and keeping your information updated are key to receiving your payment on or before May 5, 2025. This benefit remains an important source of financial support for many Alaskans.

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