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 Message Thank you! Oops! Related Content Tax Deductions You Won't Believe Here are some examples of deductions from the IRS that were permitted and some that were, uh, too creative. Three Key Questions to Answer Before Taking Social Security When to start? Should I continue to work? How can I maximize my benefit? The Financial Literacy Crisis Many Americans are operating their personal finances with only the barest minimum of knowledge.