The U.S. is sending a $1702 stimulus payment in the first week of July. Here’s who gets it: Thousands of US citizens, particularly residents of Alaska, could receive significant financial relief this summer thanks to scheduled deposits of the Permanent Fund $1702 dividend payment, provided they meet certain eligibility criteria.
The U.S. is sending a $1702 stimulus payment in the first week of July
This payment corresponds to the Alaska Permanent Fund Dividend, a program that distributes part of the state’s oil revenues among its residents. To receive this deposit, applicants must have submitted their application and have an “Eligibility Not Paid” status in the PFD system.
The Fund itself grows by investing a portion of oil revenue, and about 5% of its market value is then distributed as the PFD for 2025. For 2025, that amount is $1702, divided into:
- $1,403.83 base dividend
- $298.17 one-time energy relief bonus
Overview
| Detail | Information |
| 2025 PFD Amount | $1702 |
| Eligibility | Alaskan residents from 2024 without felony convictions, clean legal record, and who file on time |
| Apply between | February 1–April 30, 2025 |
| Major Payment Date | May 5, 2025 |
| How to Apply | Online via My Alaska or with a paper form |
| Tax Info. | Federally taxable but no state income tax |
About the $1702 Stimulus Payments
The payment package is a combination of the Permanent Fund Dividend and a one-time Energy Relief Payment. The PFD represents a share of Alaska’s natural resource revenue, which is distributed among eligible citizens each year. This year’s PFD amount is $1403.83. To further support residents, an additional $298.17 was added as a one-time energy relief payment to help offset higher utility and fuel costs.
Who is eligible for the $1702 stimulus?
The government has outlined clear guidelines on who can get this stimulus:
1. Retired Individuals
People receiving Social security retirement benefits are eligible if they fall under the income bracket and meet other criteria
2. SSI and SSDI Recipients
If you receive Supplemental Security Income (SSI) or Social Security Disability Insurance (SSDI), you may qualify automatically. Your payment will be sent to the same account where your benefits arrive.
3. Low-Income Workers and Families
Individuals earning less than $75,000 annually, or couples making less than $150,000, are likely eligible. Heads of households can earn up to $112,500 to qualify.
4. Tax Filing Required
You must have your 2024 tax return, as the IRS will use that data to decide your eligibility. Even if your income is very low, filing is necessary.
5. Citizens and legal residents
Only U.S. citizens or lawful residents with a valid Social Security Number (SSN) are considered. Non-resident aliens and individuals with ITINs do not qualify.
When will the payment arrive?
The government has already announced that payments will be made between June 10 and june 25, 2025
- Direct Deposit: This will be the first group to get money. If your bank account is registered with the IRS or SSA, you could get the payment as early as June 10.
- Paper Checks: These will take a little longer and are expected to be sent by June 20 or later; it all depends on mail delivery in your area.
How to check If you are on the List of Beneficiaries
- Visit the IRS Payment Tracker—the IRS’s Get My Payment” tool is the fastest and easiest way. You will need your Social Security number, date of birth, and ZIP code.
- Check your 2024 tax return—if your income and details match the required conditions and you filed your taxes, you are likely on the list.
- Review Social Security statements. If you are retired or on disability, check your SSA statement online or by mail. If you are regularly getting benefits, your stimulus payment may come through the same channel.
- If your payment is approved but still pending, check your bank account regularly for direct deposit updates.
What if you don’t receive it?
If you meet the criteria but don’t see the payments by the end of June, here is what you should do:
- Track your payment online using the IRS tool.
- Wait at least one week after the last official payment date.
- Call the IRS or SSA helpline for assistance.
- Claim the payment as a credit during the 2025 tax filing if it doesn’t arrive.
Conclusion
In this article we discussed the U.S. sending a $1702 stimulus payment in the first week of July. The payment package is a combination of the Permanent Fund Dividend and a one-time Energy Relief Payment. You need to check your bank account regularly for direct deposit updates.
