UPDATE 2025 Social Security Increased CONFIRMED - How Much Will You Get?

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In this video, Marvin Musick breaks down the upcoming 2025 changes to Social Security benefits that will affect over 72 million people in the United States. We'll dive into the 2025 Cost of Living Adjustment (COLA) increase, exploring how much of an increase to expect and the factors the government used to determine this adjustment.

00:00 Introduction
00:25 History of Social Security
02:10 The Formula of COLA
03:32 Recent COLA's
04:20 2025 COLA
06:20 Impact on Average Benefit
08:00 Not Yet Receiving Benefits