Social Security COLA question

Breedlove

Thinks s/he gets paid by the post
Joined
Nov 21, 2016
Messages
1,251
Location
Richards
Not on Social Security yet but watching . I understand that every month you decline to sign up , the benefit increases monthly a little bit. Now last night on SS estimator it might say 2400 MO round number , now today January it says 2417.MO .
My question what happened to the 1.6% COLA which would be roughly 2425.00 .
How is that 1.6 % calculated on .
 
Back
Top Bottom