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COLA Social Security 2023 Updates: Get Ready for the First Round of All-New $4,555 Payments Hitting Accounts Soon!

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Social Security 2023 Updates: First Round of All-New $4,555 Payments Set to Hit Accounts Imminently


The Social Security Administration has announced the first round of all-new $4,555 payments for 2023. These payments are set to hit accounts imminently, providing much-needed financial support to eligible individuals.

Payment Arrival Date

Here’s when your September check could arrive:

  • Payments are expected to be deposited into accounts within the next few days.
  • Eligible individuals should keep an eye on their bank accounts for the arrival of the payment.

Direct Payment Worth $914 Arrives in 20 Days

In addition to the $4,555 payments, a direct payment worth $914 will be arriving in 20 days. This payment aims to provide supplemental income to eligible individuals, further assisting them in meeting their financial needs.

Boost in Payment Amount

Millions of individuals will receive a $140 boost in their payments. This increase in payment amount aims to alleviate financial burdens and provide additional support to those in need.

Importance of Social Security Payments

Social Security payments play a crucial role in ensuring the financial well-being of eligible individuals. These payments provide a safety net and help individuals cover essential expenses such as housing, healthcare, and daily living costs.


The Social Security Administration’s announcement of the first round of all-new $4,555 payments brings much-needed relief to eligible individuals. The direct payment worth $914 and the $140 boost in payment amount further enhance the support provided. These updates aim to improve the financial stability and well-being of individuals relying on Social Security payments.

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