ACFB Payment Dates 2024: Amount & Eligibility

The Alberta Child and Family Benefit (ACFB) is designed to support low- and middle-income families in Alberta by providing financial assistance to help with the costs of raising children. Payments are made quarterly, and the amount varies based on household income and the number of children under the age of 18.

ACFB Payment Dates 2024

The ACFB is paid quarterly, with the following payment dates in 2024:

  • February 27, 2024
  • May 27, 2024
  • August 27, 2024
  • November 27, 2024

It’s important to note that the payments are made directly to eligible families and vary based on their income and family size.

ACFB Payment Dates 2024: Amount & Eligibility

ACFB Payment Amounts 2024

The annual amount a family can receive depends on the number of children and household income. Here are the maximum annual payments for the ACFB in 2024:

  • For families with one child, up to $1,330
  • For families with two children, up to $1,995
  • For families with three children, up to $2,660
  • For families with four or more children, up to $3,325

The benefit is income-tested, meaning that as household income increases, the benefit amount decreases.

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Eligibility Criteria

Families are eligible for the ACFB if:

  • They have at least one child under 18 years old
  • They are residents of Alberta
  • They meet the income thresholds as determined by the government

The Alberta Child and Family Benefit (ACFB) provides essential financial relief to families across Alberta, helping cover the costs of raising children. By staying informed about the payment dates and understanding how much your family is eligible for, you can plan your finances more effectively.

For more information on the ACFB and to apply, visit the Alberta government benefits portal.

About Sophie Wilson 704 Articles
Sophie Wilson is a finance professional with a strong academic background, having studied at the University of Toronto. Her expertise in finance is complemented by a solid foundation in analytical and strategic thinking, making her a valuable asset in the financial sector.

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