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. What is Life Insurance? Part 1 What is Life Insurance? Part 1 When to Self-Insure Choosing to bear the financial burden of an adverse event is called self-insuring. Do you know what that entails?