Federal and provincial governments offer various benefits, usually in the form of financial aid, to support people with housing, old age, education and training, family needs, and medical and disability needs. Many of these benefits are directed toward families with low incomes. An example of this is the Alberta Child and Family Benefit (ACFB), which financially helps low-income Albertans with the costs of raising a family.
If you live in Alberta, check out if you’re eligible for the ACFB, how much you can get and when you can expect to be paid.
|ACFB Maximum Monthly Payment Amount
|– $117.50 for the 1st child
– $58.75 for the 2nd, 3rd, and 4th children
|– Must live in Alberta and have a child under 18.
– Must file your income taxes and meet income criteria.
|ACFB Payments dates
|Payments are made in 4 installments: August, November, February, and May.
|No application is required. You’re automatically considered for the benefit when you file your income taxes.
When Will You Receive Your Alberta Child and Family Benefit (ACFB) Payment?
The Canada Revenue Agency (CRA) pays eligible ACFB recipients on the Government of Alberta’s behalf. The CRA will either mail or directly deposit ACFB payments into recipients’ bank (potentially under the name FPT Canada) accounts in 4 installments.
Do note that these payments are separate from the CCB payments and payments are made in August, November, February, and May.
Your first payment will arrive in August, given that you filed your income tax return on time.
ACFB Payment Dates 2024
Additionally, recipients who are eligible for any amounts under $10 in a quarter might have payments consolidated and paid less frequently.
Inflation Relief Act
What is The Alberta Child and Family Benefit (ACFB)?
The Alberta Child and Family Benefit (ACFB) is a program that gives lower- and middle-income families with children under 18 financial assistance. The ACFB is a relatively new program that consolidates two programs into one: the Alberta Child Benefit (ACB) and the Alberta Family Employment Tax Credit (AFETC).
This new consolidated program began in July 2020. The two programs were consolidated to streamline administration and maximize benefits for low-income Albertans.
Do you have a disability? Then you may qualify for the tax disability credit.
Are You Eligible For The Alberta Child and Family Benefit (ACFB)?
Albertans wishing to apply for the ACFB must:
- Have one or more children under 18
- Reside in Alberta
- File a tax return
- Meet income criteria
What Is The ACFB Income Criteria?
Families with an income below $25,935 will receive the maximum ACFB payment. If your income is between $25,935 and $43,460, you may receive a partial payment.
Have you considered Alberta’s Aids To Daily Living (AADL) program?
How Much Can You Get Through The ACFB?
The amount of money you’re eligible for under the ACFB program depends on your family’s income level, and on how many children under 18 you have. The program has two components:
- Base component: The base amount is available to families with children regardless if they earn any employment income.
- Working component: Families with children may receive an extra benefit if their family employment income exceeds $2,760. The ACFB benefit received increases at a rate of 15% (up to the working component maximum)for every additional dollar earned over that amount. This is meant to encourage families to continue working.
Maximum ACFB Payments
Your maximum amount depends on the number of children you have, and which component of the program you fall under:
|Number of Children
|Base Component Maximum Amount
|Working Component Maximum Amount
Note, both the base component and working component benefits are reduced once household income exceeds $25,935. You may receive a partial benefit if your net income falls between $25,935 and $43,460.
Find out which tax bracket you fall into?
How Do You Apply For the ACFB?
What Happens if The CRA Reassesses Your Eligibility and Qualifies You For a Lower Payment?
Your eligibility and payment qualification might change if your household scenario changes. For example, you might be eligible for a greater benefit if you have more children, or if your income changes.
If you qualify for a greater benefit, the CRA will pay you the difference with an additional payment. If you qualify for a smaller benefit, the CRA will send you a letter indicating your obligation to pay back any amount received over your year’s entitlement.
Contact the CRA at 1-800-959-2809 for more information on how to return any owed benefit amounts.
The Alberta Child and Family Benefit (ACFB) is a great resource to help lower-income Albertans manage their day-to-day family expenses. The program also offers financial incentives to start or continue working.