Using a stand mixer with the paddle attachment, beat cream cheese with powder sugar until all lumps are gone. Scrape bowl & mix again as necessary. Add strawberry jam until combined.

Switch the paddle attachment with the whisk attachment & add the cool whip. Whip until light, airy, & stiff peaks form. Ripples will form in the cream cheese as the machine is running when it's ready; approximately 1 minute. Spread onto toasted bagel. Enjoy!