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 Does Your Child Need to File an Income Tax Return? When your child has income, there’s a good chance that he or she will need to report it and pay taxes. 5 Smart Investing Strategies Getting what you want out of your money may require the right game plan. Retirement Is a Beginning Key questions to answer when you are considering retirement.