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The Alaska Permanent Fund (APF) is a constitutionally established permanent fund managed by a state-owned corporation, the Alaska Permanent Fund Corporation (APFC). [1] It was established in Alaska in 1976 [ 2 ] by Article 9, Section 15 of the Alaska State Constitution [ 3 ] under Governor Jay Hammond and Attorney General Avrum Gross .
In 2005, every eligible Alaskan resident (including children) received a check for $845.76. Over the 24-year history of the fund, it has paid out a total of $24,775.45 to every resident. [5] Some believe this dividend as the reason why Alaska has one of the lowest rates of inequality and relatively low levels of poverty compared to other US states.
U.S. states and territories by mean annual wage 2022 (in current dollars) National rank State or territory Mean wage in US$ [6] 1 District of Columbia: $87,920 2 Massachusetts: $63,910 3 New York: $61,870 4 Connecticut: $60,780 5 Washington: $59,410 6 California: $59,150 7 Maryland: $58,770 8 Alaska: $58,710 9 New Jersey: $58,210 10 Colorado ...
Learn More: 8 States To Move to If You Don’t Want To Pay Taxes on Social Security. ... Alaska. Annual cost of a comfortable retirement: $87,697. Retirement savings needed at 60: $1,753,947.
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Compared to making monthly payments using automatic billing, this can lead to significant savings. More From GOBankingRates. 9 Things You Must Buy at Big Lots While on a Retirement Budget.
This is a table of the total federal tax revenue by state, federal district, and territory collected by the U.S. Internal Revenue Service.. Gross Collections indicates the total federal tax revenue collected by the IRS from each U.S. state, the District of Columbia, and Puerto Rico.
Alaska. Annual cost of living comfortably in retirement: $107,540. Years to draw down your 401(k) ... 8 States To Move to If You Don’t Want To Pay Taxes on Social Security. Sean Pavone / Getty ...