SitNews - Stories in the News - Ketchikan, Alaska

2013 Permanent Fund Dividend is $900

 

September 18, 2013
Wednesday


(SitNews) Ketchikan, Alaska - Acting Revenue Commissioner Angela Rodell today announced that the 2013 Permanent Fund Dividend (PFD) will be $900.

jpg 2013 Permanent Fund Dividend is $900

670,865 Alaskans applied for the 2013 dividend this year – a decrease of approximately 7,000 applications from 2012.

The first dividends will be paid on October 3, when approximately 507,000 applicants will receive a direct deposit into their bank account, and 86,000 will be mailed a check. Paper checks will enter the U.S. mail system on October 3 from Juneau.

More than $484 million will be directly deposited into Alaskans' bank accounts this year, with a total distribution, including checks, of $576,225,723.51. Beginning October 24, and continuing monthly thereafter, applications that become eligible will be paid by either check or direct deposit.

For Alaskans wondering about their payment status, the division has recently upgraded their online PFD information page for applicants called “myPFDInfo.” The online portal now features enhanced security, clearly displayed application status for current and prior year dividends, and easy to navigate solutions for providing the division with requested information. To use this feature, applicants should go online to pfd.alaska.gov and click on the blue “myPFDInfo” button.

The Pick.Click.Give. program had 26,093 applicants go online and pledge 41,831 individual charitable contributions, amounting to approximately $2.5 million, the highest totals since the program began five years ago. 472 nonprofit organizations benefited from the voluntary program this year.

431,850 Alaskans chose the e1099 income statement this year (67.5% of all estimated 2013 payments). An email explaining how to obtain the e1099 statement will be sent out the week of September 30th.

This year marks the 32nd dividend paid to Alaskans. An individual who qualified for all of the Permanent Fund Dividends to date has received $35,143.41. Following the 2013 dividend payment, the total funds disbursed to Alaskans by the division, including the Resource Rebate, since inception of the dividend program will total more than $20.7 billion.


Source of News: 

Office of the Governor
www.gov.state.ak.us

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Stories In The News
Ketchikan, Alaska

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