Should You Tap Retirement Savings to Fund College?

There are three things to consider before dipping into retirement savings to pay for college.

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The IRS encourages everyone to use the Tax Withholding Estimator to perform a quick "Paycheck Checkup." This is even more important following the recent changes to the tax law for 2018 and beyond.

The Estimator helps you identify your tax withholding to make sure you have the right amount of tax withheld from your paycheck at work

For more information regarding the IRS Tax Withholding Estimator please click on the following link https://www.irs.gov/individuals/tax-withholding-estimator

If you have any questions about your withholding, consult your employer or tax planner.