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? Address Thank you! Oops! Related Contents A Fruitful Retirement: Social Security Benefit Taking your Social Security benefits at the right time may help maximize your benefit. Social Security: What’s Changing in 2016? There have been a number of changes to Social Security that may affect you, especially if you are nearing retirement. Retirement Plan Distributions There are a number of ways to withdraw money from a qualified retirement plan.