AMERICANS have a final few weeks to secure payments of almost $2,000.
Cash dumps of $1,702 will drop into accounts on Thursday July 17 – but there is one more chance to benefit if you’re missing out this round.
Woman receiving tax refund check from government in office, focus on check, blurred background suitable for copy space.[/caption]
Cash dumps of $1,702 are due to arrive on July 17[/caption]
The money is being handed out as part of the Alaska Permanent Fund Dividend (APFD) to eligible residents of Alaska.
It allows residents to claim a share of the state’s earnings from natural resources.
To qualify, Americans must have been a resident of the state for a full calendar year – and intend to stay put.
The size of the payout varies each year, but is typically between $1,000 and $2,000.
You can check the status of your application by logging onto the PFD website and clicking “myPFD”.
You must ensure that your address is up to date in your account.
Eligible Alaskans who had applications approved by July 9 will receive their payments on July 17.
And there is one more chance to secure the money if you haven’t yours hasn’t been approved yet.
You have until August 13 to be marked “eligible – not paid” – and will then receive the money on August 21.
Some Alaskans will already have received their cash – if they were marked eligible by June 11.
The Alaskan Permanent Fund is a sovereign wealth fund set up by the state.
It was initially created to manage and invest profits from oil and mining.
The idea is to ensure that current and future generations of Alaskans directly benefit from the state’s natural assets.
Money is drawn down from investments in a diverse portfolio, which generates returns.
Some people are ineligible to receive the dividends.
Generally, those who commit a felony during the year or are in jail will be excluded from receiving the cash.
Meanwhile, Americans are in line to receive up to $160 each from a “deception” settlement.
Hundreds of of cheated Mattress Firm customers are owed money after it “deceptively” advertised “fake” discounts.
The company has agreed to pay out $5.48million in settlement fees after it was found guilty of violating consumer protection laws.
It’s the last day to check whether payments will be hitting Americans’ accounts[/caption]
