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 The Power of Tax-Deferred Growth Why are 401(k) plans, annuities, and IRAs so popular? What Is a Roth 401(k)? Roth 401(k) plans combine features of traditional 401(k) plans with those of a Roth IRA. An Inside Look at Retirement Living A number of questions and concerns need to be addressed to help you better prepare for retirement living.