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Hi from Just Answer. I'm PDtax, and will assist.
As the rate of inflation is low or zero for this year, the sources I consulted believe there will be no COLA increase for 2016. It is expected to be difficult for millions of Social Security recipients, because Medicare premiums are expected to go up for 2016, making net benefits go down.
Sorry i didn't have better news. The government's artificially low interest rate plan has hurt savers for years, and will affect Social Security recipients as well.
Thanks for asking at Just Answer. Positive feedback is appreciated. I'm PDtax.