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 Capital Gains Tax Estimator Use this calculator to estimate your capital gains tax. Self-Employed Retirement Plans Estimate the maximum contribution amount for a Self-Employed 401(k), SIMPLE IRA, or SEP. How Will Working Affect Social Security Benefits? Knowing the rules may help you decide when to start benefits.