This can be done with just the UI, but you will need an actual Date column behind your Month/Year column. This will allow you to use date calculations in your view filter.
The easiest way to do this is to add a Date column. We'll pretend this column is called MyDate. Then you can create another column called Month that is a calculated column (of type single line of text) using the following formula:
=TEXT([MyDate],"MMM yy")
This will show the abbreviated names of the months (Like Dec in your question), but you could just add another M to the string format to get the full name (December).
Now, create another calculated column called MyDateInYear (of type Date) and set it to this formula:
=DATE(YEAR([MyDate])+1,MONTH([MyDate])+1,1)
Now you can setup a View using the UI and add 2 filter conditions:
- MyDate <= [Today]
- MyDateInYear > [Today]