Missed Call
NBA Free Agency 2025

NBA Free Agency 2025: Myles Turner and Damian Lillard Moves Shake the League

The 2025 NBA free agency period started with a bang, as the Milwaukee Bucks made a surprising move by signing Myles Turner and waiving…

Rowan
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Published On: July 2, 2025

5 Common Medications That Can Make It Hard to Stay Cool in the Heat

As temperatures rise, staying cool and comfortable becomes a priority, especially during scorching summer months. However, certain medications can make it tougher for your…

Rowan
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Published On: July 2, 2025
Rare Roosevelt Dime Found in Old Coin Album Valued at $8.5 Million

Rare Roosevelt Dime Found in Old Coin Album Valued at $8.5 Million

A remarkable discovery has thrilled coin collectors and treasure hunters alike: a rare Roosevelt dime, tucked away in an old coin album, has been…

Rowan
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Published On: July 2, 2025

$1,702 Stimulus Payments in July 2025: Your Guide to Eligibility and Schedule

In July 2025, many Americans are excited about the possibility of receiving a $1,702 stimulus payment. This financial aid aims to help people manage…

Rowan
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Published On: July 2, 2025
Top 10 Most Valuable Pennies That Could Make You Rich

Top 10 Most Valuable Pennies That Could Make You Rich

Pennies might seem like small change, but some are worth a lot more than one cent. Rare pennies, especially those with unique features or…

Rowan
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Published On: July 2, 2025
These 5 Rare Lincoln Wheat Penny Coins worth is $250 Million each

These 5 Rare Lincoln Wheat Penny Coins worth is $250 Million each – Still in Circulation

Imagine finding a penny in your pocket that’s worth millions! Some rare Lincoln Wheat Pennies, still hiding in circulation, are valued at up to…

Rowan
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Published On: July 2, 2025
$1,702 Stimulus Payment in July 2025: Eligibility, Dates, and How to Check Many Americans are excited about the news of a $1,702 stimulus payment set to arrive in July 2025. This payment is part of Alaska’s Permanent Fund Dividend (PFD) program, designed to share the state’s oil revenue with its residents. Unlike federal stimulus checks, this payment targets eligible Alaskans to help with rising costs like groceries, rent, and healthcare. In this article, we’ll break down everything you need to know about the $1,702 stimulus payment, including who qualifies, when it will arrive, and how to check your status—all in simple, easy-to-understand language. What Is the $1,702 Stimulus Payment? The $1,702 stimulus payment is a one-time financial aid provided through Alaska’s Permanent Fund Dividend (PFD) program. This program, started in 1976, shares a portion of the state’s oil revenue with eligible residents. The payment aims to help Alaskans manage daily expenses during times of high inflation and economic challenges. It’s not a loan, so you don’t have to pay it back. The amount for 2025 is set at $1,702 per eligible person, including adults and children. How the Payment Works The Alaska Permanent Fund Corporation (APFC) manages the fund, which invests in stocks, bonds, and real estate. Each year, a portion of the fund’s earnings is distributed to eligible residents as a dividend. For 2025, the payment includes: A base dividend amount. An additional energy assistance bonus, making the total $1,702. This payment is taxable by the IRS, so you’ll need to report it when filing your 2025 taxes. However, it’s a valuable resource for covering essential expenses. Who Qualifies for the $1,702 Payment? Not everyone in the U.S. qualifies for this payment—it’s specific to Alaska residents who meet certain criteria. Here’s a simple breakdown of who can receive the $1,702 stimulus payment: Eligibility Requirements Residency: You must have lived in Alaska for the entire 2024 calendar year and plan to stay there permanently. Physical Presence: You need to have spent at least 72 hours in Alaska during 2023 or 2024. Absence Rules: If you were out of Alaska for more than 180 days in 2024, you must have a valid reason, such as school, medical treatment, or military service. Criminal Record: You cannot have a felony conviction in 2024 or multiple minor felony convictions. Citizenship: You must be a U.S. citizen or a qualifying resident alien with a valid Social Security Number (SSN). Who Does Not Qualify? Non-residents of Alaska. Individuals with a felony conviction in 2024. Those who use an Individual Taxpayer Identification Number (ITIN) instead of an SSN. Each person, including children, must submit their own application to receive the payment. When Will the $1,702 Payment Arrive? The $1,702 stimulus payment is part of the 2025 PFD schedule. Payments are distributed based on the status of your application. Below is the confirmed payment schedule for 2025: Application Status Eligibility Date Payment Date Eligible – Not Paid (2024 or prior) April 9, 2025 April 17, 2025 Eligible – Not Paid (2024 or prior) May 7, 2025 May 15, 2025 Eligible – Not Paid (2024 or prior) June 11, 2025 June 18, 2025 Eligible – Not Paid (2024 or prior) July 9, 2025 July 17, 2025 Eligible – Not Paid (2024 or prior) August 13, 2025 August 21, 2025 How Payments Are Delivered Direct Deposit: If you’ve provided bank details, the payment will be deposited directly into your account, which is the fastest method. Paper Check: If you don’t have direct deposit set up, a check will be mailed to your address, which may take longer. EIP Card: Some payments may be sent via a prepaid debit card, similar to previous stimulus distributions. To ensure you receive your payment on time, update your banking and mailing information with the Alaska PFD program by mid-July 2025. How to Check Your Payment Status Checking your eligibility and payment status is simple. Follow these steps to stay informed: Steps to Check Your Status Visit the Official PFD Website: Go to pfd.alaska.gov. Log In or Create an Account: Use or set up a myAlaska account with your personal details. Check Application Status: Look for the “Eligible – Not Paid” status to see if you qualify for an upcoming payment. Update Information: Ensure your banking and address details are current to avoid delays. Contact Support: If you don’t receive your payment by August 10, 2025, reach out to the PFD office for assistance. You can also call the Alaska PFD office or visit a local office for help with your application or status. How to Apply for the $1,702 Payment If you haven’t applied yet, you’ll need to submit an application for the 2025 PFD. Here’s how: Application Process Apply Online: Visit pfd.alaska.gov and complete the application through your myAlaska account. Provide Details: Include your personal information, proof of residency, and banking details for direct deposit. Deadline: Applications must be submitted between February and April 2025. Late applications are not accepted, and you’ll have to wait until 2026 to apply again. For Children: Parents or guardians must submit separate applications for each child. Tips for a Smooth Application Double-check your residency proof, such as utility bills or a lease agreement. Ensure your Social Security Number is correct. Set up direct deposit to receive your payment faster. Why Is This Payment Important? The $1,702 stimulus payment can make a big difference for Alaskan families. With rising costs for essentials like food, gas, and rent, this financial aid provides relief for low- to middle-income households, seniors, and those receiving benefits like Social Security or Veterans’ benefits. Whether you use it to pay bills, buy groceries, or save for the future, this payment is a valuable resource. Economic Impact The PFD program not only helps individuals but also boosts Alaska’s economy. By putting money directly into residents’ hands, it encourages spending at local businesses, which supports jobs and economic growth. Common Misconceptions About the $1,702 Payment There’s a lot of confusion online about stimulus payments, especially with rumors about federal programs. Here are some clarifications: Not a Federal Stimulus: This $1,702 payment is specific to Alaska’s PFD program, not a nationwide stimulus like those issued during the COVID-19 pandemic. No Automatic Nationwide Payments: Unlike some social media claims, there’s no federal $1,702 stimulus for everyone in 2025. Taxable Income: The payment counts as taxable income for federal taxes, so plan accordingly when filing your 2025 return. Always check official sources like pfd.alaska.gov or irs.gov to avoid falling for scams or misinformation. FAQs About the $1,702 Stimulus Payment Is the $1,702 stimulus payment available to everyone in the U.S.? No, this payment is only for eligible Alaska residents who meet the PFD program’s requirements, such as living in Alaska for the full 2024 calendar year. Do I need to apply for the payment? Yes, you must apply through pfd.alaska.gov between February and April 2025. If you’re already enrolled and eligible, you may receive it automatically. Is the $1,702 payment taxable? Yes, the IRS considers the PFD payment taxable income. Report it when filing your 2025 federal tax return. What if I don’t receive my payment by August 2025? Contact the Alaska PFD office or check your application status on pfd.alaska.gov. Ensure your banking and mailing information is up to date. Can children receive the $1,702 payment? Yes, eligible children can receive the payment, but a parent or guardian must submit a separate application for each child. How can I avoid scams related to the stimulus payment? Only use official websites like pfd.alaska.gov or irs.gov. Avoid clicking links in unsolicited emails or social media posts claiming to offer stimulus payments. Conclusion The $1,702 stimulus payment in July 2025 is a significant opportunity for eligible Alaskans to ease financial stress. By understanding the eligibility criteria, payment schedule, and application process, you can ensure you receive your funds on time. This payment, part of Alaska’s Permanent Fund Dividend program, reflects the state’s commitment to supporting its residents with oil revenue. To stay safe, rely on official sources for information and avoid scams. Update your details, check your status, and prepare to use this financial boost wisely—whether for bills, groceries, or savings. For the latest updates, visit pfd.alaska.gov and keep your information updated before the July 17, 2025, payment date.

$1,702 Stimulus Payment in July 2025: Eligibility, Dates, and How to Check

Many Americans are excited about the news of a $1,702 stimulus payment set to arrive in July 2025. This payment is part of Alaska’s…

Rowan
|
Published On: July 2, 2025
The Lincoln Wheat Penny Valued at $49,000 — Still in Circulation?

The Lincoln Wheat Penny Valued at $49,000 — Still in Circulation?

The Lincoln Wheat Penny, a small coin with a big history, has captured the hearts of collectors and everyday people alike. Some of these…

Rowan
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Published On: July 2, 2025
Rare Bicentennial Quarter Worth Thousands

Rare Bicentennial Quarter Worth Thousands: A Hidden Treasure in Your Pocket

Have you ever checked your pocket change for a rare coin? You might be holding a valuable treasure without even knowing it! One such…

Rowan
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Published On: July 2, 2025
Top 9 Rare Coins Wanted By Collectors

Top 9 Rare Coins Wanted By Collectors

Coin collecting is a fascinating hobby that combines history, art, and the thrill of the hunt. Some coins are so rare and valuable that…

Rowan
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Published On: July 2, 2025
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