By Reg Jones
Q. I retired after 28 years of active duty in the military and am receiving my retirement pay. If I decide to take Social Security at 62 years of age, will it be offset based on retirement income?
A. While your Social Security benefit will be less than it would be if you waited until your full Social Security retirement age, it will not be affected by your retirement pay. It would only be affected if you had earnings from wages or self-employment that exceeded the annual Social Security earnings limit. In 2013, that limit is $15,120.