Dreaming Up an Active Retirement When you retire, how will you treat your next chapter? Share | 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. IRA Withdrawals that Escape the 10% Tax Penalty The list of IRA withdrawals that may be taken without incurring a 10% early penalty has grown. Annuity Comparison This calculator compares a hypothetical fixed annuity with an account where the interest is taxed each year.