This is interesting and I am anxious to see what unfolds in this thread. I wasn't aware of anything other than the 5.9% COLA.
I was just reading (and commenting in) another thread here about "What will next year's COLA be for SS" (https://community.aarp.org/t5/Social-Security/What-will-next-year-s-COLA-be-for-SS/td-p/2447170)
I "Googled" for the extra $200 SS benefit. One of the articles I found mentioning this was at GOBankingRates.com (article was later posted at yahoo!finance) (https://www.gobankingrates.com/retirement/social-security/which-social-security-recipients-will-get-...). The article title "Which Social Security Recipients Will Get an Extra $200 in January?"
Well, I read the entire article and find that there is no particular $200 extra benefit. What the author states is "While each person’s Social Security benefit will depend on their earnings and amount of years worked, there is a small group who will be receiving an extra $200 or more per month in their benefit check." Sounds good, eh!? Someone's going to get an extra 200 bucks!
The paragraph goes on to state " In order for a 5.9% increase to result in an extra $200 per month in benefits, you would have needed to have received at least $3,389 per month in 2021"
There is no "extra" $200 SS benefit. All the author is saying is that if your SS benefit is at least $3,389 per month then your 5.9% COLA will be at least $200 per month. I checked the arithmetic and it's accurate.
Remember the movie "Christmas Story"? Ralphie is so excited to get his Little Orphan Annie secret decoder, then listens to the radio message and heads to decrypt the message. Which turns out to be "Eat More Ovaltine". Ralphie is so fed up with disgust. And that's how we've been treated by the author of this article. It's a meaningless headline and meaningless information. Meant only to be clickbait.
I want to point out that the same author breathlessly reveals that for 2022 "the highest COLA ever will be applied to benefits, with a 5.9% increase to account for rampant and sudden inflation during the pandemic." Even this is not true. The highest COLAs were 14.3% in 1980 and 11.2% in 1981. Several other years had COLAs larger than 5.9%.
I'd seen similar headlines for a few months now, about SS giving an extra $200 a month! I didn't pay attention to those headlines but now I realize "clickbait", that's all they were. Sadly, the author of this article seems to have some impressive credentials "Georgina Tzanetos is a former financial advisor who studied post-industrial capitalist structures at New York University. She has eight years of experience with concentrations in asset management, portfolio management, private client banking, and investment research. Georgina has written for Investopedia and WallStreetMojo." Sounds impressive to me. I wonder why she's sunk to writing clickbait.