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 Annuity Comparison This calculator compares a hypothetical fixed annuity with an account where the interest is taxed each year. Should You Borrow from Your 401(k)? Does it make sense to borrow from my 401(k) to pay off debt or to make a major purchase? RE: Retirement How does your ideal retirement differ from reality, and what can we do to better align the two?