Should You Tap Retirement Savings to Fund College? There are three things to consider before dipping into retirement savings to pay for college. Share | Related Content The Pros and Cons of 529 College Savings Plans If you are like most Americans, meeting the future financial obligation of sending your child to college requires years of... Avoiding Cognitive Decline Try these activities to keep your brain sharp. Social Security Taxes Estimate how much of your Social Security benefit may be considered taxable.