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 Questions to Consider When Buying a Vacation Home Doing your research is key before buying a vacation home. Federal Income Tax Use this calculator to estimate your income tax liability along with average and marginal tax rates. Choices for Your 401(k) at a Former Employer Individuals have three basic choices with the 401(k) account they accrued at a previous employer.