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 Systematic Withdrawals in Retirement Taking regular, periodic withdrawals during retirement can be quite problematic. What Do Your Taxes Pay For? Here's a breakdown of how the federal government spends your tax money. New Retirement Contribution Limits for 2023 A look at the new, record-high retirement contribution limits from the IRS.