financial assistance

Eligible people will receive a new direct payment on November 16 in the United States. This is a stimulus check of up to $1,312.00 USD from the 2023 Permanent Fund Dividend (PFD).With this economic support, the state of Alaska will provide financial relief to its eligible residents. The money is part of the state’s mineral income and seeks to benefit the current and future generations of the entity.

Alaska Department of Revenue Commissioner Adam Crum noted that the 2023 PFD is the 42nd time Alaskans have reaped some of the wealth of its natural resources.

“This year, we processed at least 8,000 more applications than in 2022. The 2023 PFD will inject almost a billion dollars into the state’s economy and directly into the hands of Alaskans,” Crum said.

Eligible residents

Eligible residents are those who meet the established requirements to receive economic relief. First, intend to remain a permanent resident of the state. Another requirement is not to have claimed residency in another state. Lastly, you cannot have been a convicted felon.

The next payment, the last one by the way, will go to those who have been in the “Eligible-Not Paid” status since last November 8 and have not yet received this payment or the previous year’s payment. The shipping date is next November 16. The amount of money to be received is a maximum of $1,312.00 USD, according to official information released by the state Department of Revenue.

Finally, Crum said on the topic that “I would like to thank our Permanent Fund Dividend Division for their tireless work this year in administering the program and processing applications.”

In the United States, thousands of people will benefit from a direct payment of up to $1,312.00 USD. Financial aid will be sent on November 16 to eligible residents. In this case, the stimulus check will reach Alaska households through the 2023 Permanent Fund Dividend. All people who meet the requirements established by said state will be able to obtain this financial relief payment.

By the way, that would be the third shipment from the budget granted by the 2023 Permanent Fund Dividend. This was announced by the Alaska Department of Revenue. The other two were delivered on the 5th and 18th of last October.

Eligibility Requirements

The main requirement to obtain this economic benefit is to reside in Alaska and remain there long-term. It is essential that you have not been convicted of any serious crime. Meanwhile, on your taxes you should not claim residency in another state during the current year. If you meet these simple requirements you will be able to obtain the economic relief check.

Department of Revenue Commissioner Adam Crum commented on the issue of direct payments in Alaska. “I thank the Permanent Fund Dividend Division for their dedication in administering the program and processing applications.”

Crum himself pointed out that during 2023 alone, more than eight thousand additional applications have been processed, if we compare it with last year’s figures. This evidently demonstrates growing interest in the program.

The money allocated to the Permanent Fund Dividend payments is calculated from the income obtained from the state’s mines during the year. The intention of the aid is to directly benefit both current and future generations.

Alaska authorities estimate that this payment will inject almost $1 billion into the state economy. This action would provide a direct financial boost to state residents.