Hello Larry and Jerry,
Just a general question I haven't seen an answer for elsewhere. Does a person's ssa.gov/myaccount page update on an annual basis to reflect DRC accruals along with showing an annual COLA adjustment that takes effect in January (provided there is one)?
I'm not an expert on Social Security's website, but the benefit amounts they provide on the 'my account' page show your current estimated rate and your estimated rate if you wait until age 70 to start drawing. As far as I know, those amounts include the all past cost of living increases, but no estimated future increases. The age 70 estimates include the delayed retirement credits (DRC) that you'd earn by waiting, as well as expected future earnings if you're still working. I'm not sure how DRCs are treated in the current estimates, but my guess is that the amount includes any DRCs you earned through December of the most recent year.
If you want to take the guesswork out, you could use the benefit calculator included in our software (https://maximizemysocialsecurity.com/purchase) to get accurate estimates. The software can also analyze your filing options in order to help you determine your best strategy for maximizing your benefits.