Retirement Traps to Avoid Full Size Version Share | Have A Question About This Topic? Name Email Address Message Thank you! Oops! Related Content Should You Tap Retirement Savings to Fund College? There are three things to consider before dipping into retirement savings to pay for college. Catch-Up Contributions Workers 50+ may make contributions to their qualified retirement plans above the limits imposed on younger workers. A Look at Systematic Withdrawals This calculator may help you estimate how long funds may last given regular withdrawals.