Should You Tap Retirement Savings to Fund College? There are three things to consider before dipping into retirement savings to pay for college. Share | Have A Question About This Topic? Name Email Address Question Thank you! Oops! Related Content Federal Income Tax Use this calculator to estimate your income tax liability along with average and marginal tax rates. Gifting of A Stronger Financial Future Here’s a gift idea that can help create a stronger financial future for your child or grandchild. 5 Benefits of Working in Retirement Here are 5 reason why you may consider working through retirement.