2025 Official PFD Payment Dates & $1,702 Direct Deposits Confirmed After Stimulus Checks

2025 Official PFD Payment Dates: Did you not get a stimulus payment despite filing your 2021 tax return? If yes, then in 2025 the IRS (Internal Revenue Service) will give you a special assistance amount. Apart from this, PFD (Permanent Fund Dividend) payments have been announced for the residents of Alaska. This payment will help millions of people financially.

In this article, we will know what is PFD, what are its new payment dates in 2025 and how to do the application process. Let’s understand in detail.

What is PFD?

PFD i.e. Permanent Fund Dividend is a government scheme, which gives a fixed amount every year to the residents of the state of Alaska. This amount is received from the income from the mineral resources of the state. This payment is distributed by the Alaska Department of Revenue.

Main objective of PFD:

✔ Distribute the wealth of the state among the citizens – The government of Alaska gives a part of the income from mineral resources (such as oil and gas) to the citizens there.

✔ Making people financially strong – This amount helps people with their daily needs, especially those who struggle to make ends meet in Alaska’s cold climate.

✔ Promoting residence in the state – Since this scheme is available only to permanent residents of Alaska, people prefer to stay here rather than moving elsewhere.

When will you get PFD payment in 2025?

If you did not receive payment on January 16, 2025, the government has announced new payment dates.

📅 First payment: February 20, 2025 – If you are in the status of “Eligible-Not Paid” as of February 12, 2025, then you will get this amount on February 20.

📅 Second payment: March 20, 2025 – An additional amount of $1,702 will be given to certain eligible people.

So far, the government has only confirmed these two dates. If there is any new update in the future, it will be announced publicly.

Can you still apply for PFD?

✅ Yes, there is still a chance to apply!

If you have applied for PFD in 2024, you can get either or both of these two payments in 2025.

📆 Application dates for PFD 2025:

• ➡ You can apply from 1 January 2025 to 31 March 2025.
• ➡ Application can be done online.
• ➡ Only one application per person will be accepted.

👉 If you did not apply in 2024, there will be no chance of getting the 2025 amount.

Eligibility Criteria for PFD Payments:

✔ You have to live in Alaska throughout the year.

✔ You have to intend to settle permanently in Alaska.

✔ You should not have applied for citizenship of any other state or country.

✔ You should not have any serious criminal charges in 2024.

✔ You have to be physically present in Alaska for the prescribed period.

Why is PFD scheme important?

PFD benefits millions of people and its impact is huge.

💰 Financial help – The cost of living in Alaska is very high, because it is very cold there and essential goods are expensive. PFD helps to improve the financial condition of the people.

👨‍👩‍👧‍👦 Support for families – Many families fulfill their children’s education, health and other needs with this amount.

🌍 Strengthening the state’s economy – When thousands of people spend PFD money, it directly benefits local businesses.

Conclusion

✅ Alaska residents will get two types of financial assistance in 2025 –

• 1️⃣ Special Stimulus Check by IRS – This will be given to those who paid taxes in 2021 but did not receive Economic Impact Payment (EIP).
  
• 2️⃣ PFD Payment – ​​Will be distributed to eligible residents on February 20, 2025 and March 20, 2025.

If you have applied on time, you may be entitled to these payments. Follow the eligibility conditions and make sure your application is submitted correctly.

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