Should You Tap Retirement Savings to Fund College? There are three things to consider before dipping into retirement savings to pay for college. Share | Related Content The Power of Tax-Deferred Growth Why are 401(k) plans, annuities, and IRAs so popular? Eight Mistakes That Can Upend Your Retirement There are common mistakes you can avoid when saving for retirement. An Inside Look at Retirement Living A number of questions and concerns need to be addressed to help you better prepare for retirement living.