ACFB Payments Dates 2023 – Know Alberta child and family benefit Dates in 2023

ACFB payments dates 2023

Read about ACFB payment dates for 2023. The Canada Revenue Agency controls the Alberta child and family benefit, which is a Canada child benefit (CCB) corresponding program, on behalf of the Alberta provincial government.

Alberta’s child and family benefit

The Alberta child and family benefit (ACFB) is a tax-free amount paid to families that have children under 18 years of age.

For July 2022 to June 2023, you may be entitled to receive the following amounts:

$1,330 ($110.83 per month) for the first child
$665 ($55.41 per month) for the second child
$665 ($55.41 per month) for the third child
$665 ($55.41 per month) for the fourth child

The benefit is reduced as family income exceeds $24,467. If your adjusted family net income is between $24,467 and $41,000, you may receive a partial benefit.

Furthermore, families with a working income of more than $2,760 may be entitled to receive the working income component of:

$681 ($56.75 per month) for the first child
$620 ($51.66 per month)for the second child
$371 ($30.91 per month) for the third child
$123 ($10.25 per month) for the fourth child

Also Read: CPP and EI payment dates – How much to expect

The amount is reduced if your adjusted family net income is more than $41,000.

ACFB payments are made separately from the CCB payments and issued in August, November, February and May.

This program is fully funded by the Alberta provincial government.

ACFB payments dates in 2023

1.February 27, 2023
2.May 26, 2023
3.August 25, 2023
4.November 27, 2023
ACFB payments dates in 2023

The ACFB payments in 2023 will start on February 27, then proceed to May 26, August 25, and
November 27, 2023.