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 Question Thank you! Oops! Related Content A Look at Diversification Diversification is an investment principle designed to manage risk, but it can't prevent against a loss. How Income Taxes Work A quick look at how federal income taxes work. Retirement Plan Detectives A couple become Retirement Plan Detectives, searching records from old employers.