No Social Security COLA Adjustments for 2016

Unless something really wacky happened to cost-of-living in September that I don’t know about, Social Security recipients will not receive cost-of-living benefit increases for 2016.

Here’s the math:
The benefit increases only occur if the average CPI-W for July, August and September exceeds that for the highest previous average for the same months (which occurred in 2014). In 2014 the three CPI-Ws were
234.525 for July 234.030 for August 234.170 for September
702.725 total for the three...