Senior Benefits Manual
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330-1        INCOME LIMITS

 

The income limits and payment amounts for the Senior Benefits Program are based on the Alaska Federal Poverty Guideline and will change each year as the poverty level changes.  The income limit and payment levels are effective July 1, 2024 and are listed below:

 

 

Senior Household

 

  • Income up to 75% of FPLFederal Poverty Limits

 

  • $250 monthly payment

 

 

  • Income between 75% and 100% of FPLFederal Poverty Limits

 

  • $175 monthly payment

 

 

  • Income between 100% and $175% of FPLFederal Poverty Limits

 

  • $125 monthly payment

 
Individual limits

 

  • $14,108 per year
  • $1,176 per month

 
  • $18,810 per year
  • $1,568 per month
  • $32,918 per year
  • $2,744 per month
Couple limits

 

  • $19,155 per year
  • $1,597 per month

 
  • $25,540 per year
  • $2,129 per month
  • $44,695 per year
  • $3,725 per month

 

Note:

The countable income of both spouses who live together are considered when determining a couple's income eligibility, regardless of whether or not the spouses are both eligible for assistance.

 

 

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2024-02 (09/24)