$1338 Stimulus Payment October 2024: Check Eligibility, Deposit Date, Claim & Fact

$1338 Stimulus Payment October 2024: Alaska is providing PFD payment for the year of 2024 to all the citizens of USA who are living in Alaska. Beneficiaries are waiting to get $1338 Stimulus Payment of APFD 2024. The Government of Alaska state provides an annual payment of approximately 1338 to the citizens for the oil and natural resources consumption rebate.

So if you are living in Alaska then can check the $1338 Stimulus Payment of October 2024 by following the step by step procedure in this article, we will also share with you the details of upcoming Alaska PFD payment 2024 including date of releasing the payment, deadline to claim the $1338 Stimulus Payment, Eligibility criteria etc.

$1338 Stimulus Payment 2024

Alaska is rich in natural resources including oil. A large portion of the earnings of the state comes from the Exportation of oil. So the Government of Alaska provides benefits of this natural resource to the citizens also through the Permanent Fund Dividends. Citizens in the state Receive the annual payment from the authority in September and October each year.

According to the latest announcement by the Alaska legislature, The Stimulus payment for session of 2024 is decided approximately $1338. So if you are also living in the state, Then you can also get such $1338 Stimulus Payment in the bank account directly. 

$1338 Stimulus Payment Eligibility 2024

Citizens are required to complete the eligibility criteria to receive the 100% payment of Alaska Permanent Fund Dividends. The income factor of the individual do not make any significant role to get eligible for this payment. So all the citizens of USA who was living in Alaska for last 1 year are eligible to apply for Permanent Fund Dividends.

Apart from this there is no other eligibility criteria described by the authority. However the payment for individuals is decided annually according to the Annual investment performance. So if you have sufficient eligibility criteria then can apply to claim the payment by following method in the next section.

Claim Permanent Fund Dividends 2024

The Government of Alaska ask individuals to submit the application form for Permanent Fund Dividends each year While submitting the annual tax to the state. The deadline to submit the $1338 Stimulus Payment application form for the payment was 31 march 2024. So all the beneficiaries who have submitted the application form before the last date can claim the $1338 Stimulus Payment through online mode by following this process:

• Go to the official website of my Alaska or you can click on this link to visit on the website directly https://myinfo.pfd.dor.alaska.gov/ 

• Now you will reach on the new page where you have to provide your personal details such as name of the candidate social security number and date of birth on the screen and submit the application form,
• You can also directly login using your user id and password for my Alaska portal
• After that you can see the application status on the screen and can details and updates of the upcoming payment accordingly

So, If you do not find any mistake in the application form and the status of the application form is clear then you can wait for the date of releasing the payment to receive such payments in your bank account.

APFD Payment Date 2024

The Alaska Permanent Fund Dividend (PFD) payments will be distributed on various dates. For 2023 and prior year dividend applications, payments will be made on August 15, 2024, for those in “Eligible-Not Paid” status as of August 7, 2024, and on September 12, 2024, for those in “Eligible-Not Paid” status as of September 4, 2024. 

The PFD payments will be distributed in two disbursements. The first disbursement will be issued on October 3, 2024, for eligible applicants who filed online and chose direct deposit. Additionally, payments for 2024 and prior year dividend applications in “Eligible-Not Paid” status as of September 20, 2024, will also be distributed on October 3, 2024.

The second disbursement will be issued on October 24, 2024, for eligible applicants who filed by paper or chose paper checks. Furthermore, payments for 2024 and prior year dividend applications in “Eligible-Not Paid” status as of October 14, 2024, will also be distributed on October 24, 2024. Ongoing monthly disbursements will be made as applications are processed and put into an eligible for APFD payment status.

Fact Check

Rumors of specific checks often arise from misunderstandings of existing government benefits or exaggerated claims made online. It’s important to rely on official sources for accurate information.

There has been no federal announcement in 2024 about deposit payments. Most deposits for government programs will vary based on individual circumstances, including income, work history, and eligibility. To avoid becoming a victim of misinformation, always verify claims through official government websites or consult a financial advisor.