ACFB Payment Dates 2024, Amount, Eligibility, How to claim online?

The Alberta Child and Family Benefit (ACFB) is a tax-free amount paid to families with children under 18 years of age. The upcoming benefit date is February 27, 2024.

ACFB Payment Dates 2024

The ACFB payments are made in four instalments every year. The payments are typically deposited on the 27th of the month, unless the 27th falls on a weekend or holiday. In such cases, the payment will be made on the previous business day.Here are the specific dates for 2024:

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

ACFB Payment 2024 Eligibility

To be eligible for the ACFB in 2024, you must meet all of the following criteria:

Primary Requirements:

  • Residency: Albertan citizenship is required.
  • Children: You must have one or more children under the age of 18 living with you in Alberta.
  • Tax Filing: You must have filed your most recent income tax return with the Canada Revenue Agency (CRA).
  • Income Limits: Your adjusted family net income (AFNI) must be within the eligibility range.
  • For July 2023 to June 2024,
    • Full benefits available for families with adjusted family net income (AFNI) less than $25,935.
    • Partial benefits available for families with AFNI between $25,935 and $43,460.
    • No benefit for families with AFNI exceeding $43,460.

ACFB Payment Amount 2024

Benefit Amounts (July 2023 to June 2024):

ACFB Payment Dates 2024

  • Base benefit:
    • $1,410 ($117.50/month) for the first child.
    • $705 ($58.75/month) for the second and third child.
    • $130 ($10.83/month) for the fourth and subsequent children.
  • Working income component (additional for families with earned income):
    • $722 ($60.16/month) for the first child.
    • $657 ($54.75/month) for the second child.
    • $393 ($32.75/month) for the third child.
    • $130 ($10.83/month) for the fourth and subsequent children.

How to apply for ACFB Payment 2024?

As long as you meet the eligibility criteria and have filed your most recent income tax return with the CRA, When you apply for the Canada Child Benefit, you will immediately be considered for the ACFB.

File your Income Tax Return:

  • This is the crucial first step, as the CRA uses your income information to determine your eligibility for both the CCB and the ACFB.
  • You can file your return online through MyCRA, by mail, or at a tax preparation service.
  • Meet the Eligibility Criteria

Apply for the Canada Child Benefit (CCB):

  • Once you’ve filed your tax return and meet the eligibility criteria, you can apply for the CCB through MyCRA, by mail, or by phone.
  • Applying for the CCB automatically enroll you for consideration for the ACFB as well.

Receive Your Payments:

  • If you’re eligible, you’ll receive your combined CCB and ACFB payments through direct deposit or by cheque, depending on your chosen payment method.
  • Payments are issued four times per year, in August, November, February, and May.

ACFB Payments Method 2024

The Alberta Child and Family Benefit (ACFB) helps families with the costs of raising children under 18. To ensure you receive your payments smoothly, choosing the right method is key. Here are your options:

Direct Deposit:

Get your ACFB payments quickly and securely with direct deposit. This hassle-free option is preferred by most recipients and ensures your funds arrive on time, every time.

How to set up Direct Deposit:

  • MyCRA Account: Log in to your MyCRA account and select the “Direct deposit” option under “Manage my child and family benefits.”
  • Contact CRA: Call the CRA at 1-800-959-2809 and request to set up a direct deposit for your ACFB payments.

Cheque Payments:

For those who prefer the traditional paper method, ACFB payments can also be mailed to your address on file with the CRA.

Allow enough time for cheques to be mailed and delivered (typically 5-10 business days). Remember to keep your address updated to avoid any delays or missed payments.

What if you don’t receive your ACFB Payment on time?

If you haven’t received your ACFB payment on the expected date – there are a few possible reasons and steps you can take:

Wait 10 business days:

  • After the scheduled payment date, wait 10 business days to allow for processing and mailing time (if you receive cheques). Sometimes there are slight delays.

Check your payment method:

  • Did you choose direct deposit or cheque? If you expect a check and haven’t received it within 10 days,confirm your address is up-to-date with the CRA.

Verify your eligibility:

  • Ensure you still meet the eligibility criteria for the ACFB (residency,income limits, child under 18).

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