Social Security

Social Security 2017 COLA STILL UNLIKELY

For there to be a 2017 COLA the average CPI-W for July, August and September 2016 must exceed 233.27. 

No month from October 2015 through March 2016 has exceeded that number.  

March 2016 was 232.209. 

  

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3 replies »

  1. If the gas prices keep going up, we may see a small cola in 2017. Great if it happens, I have not purchased any gasoline since July 2014. City bus $20 per month. Greyhound if I travel.

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      • Yeah, one step forward, two steps backward. Part B premium goes up and then your Medicare supplement premium goes up, so it is a double whammy. About the only way I stay even is cut something like steak out of the budget or wait 3 more months before my next haircut.

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