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 The Power of Tax-Deferred Growth Why are 401(k) plans, annuities, and IRAs so popular? Choosing a Retirement Plan that Fits Your Business To choose a plan, it’s important to ask yourself four key questions. Annuity Comparison This calculator compares a hypothetical fixed annuity with an account where the interest is taxed each year.