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 Retirement Redefined Around the country, attitudes about retirement are shifting. Is a Variable Annuity Right for Me? Pundits go on and on about how “terrible” or “wonderful” annuities are, but they never talk about whether annuities are right Retirement Plan Distributions There are a number of ways to withdraw money from a qualified retirement plan.