Thinking about tapping your retirement fund for college costs?
Here’s why it’s usually not a good idea:
➡️ You can borrow for college—but not for retirement.
➡️ While you may qualify for a penalty-free withdrawal for qualified higher education expenses, early withdrawals can lead to long-term setbacks—and tax obligations.
If you're helping your child pay for school, consider other options first. If you're
going back to school yourself, the answer might be different.
Not sure what’s right for you? Get in touch—together, we can walk through your options.
See thrivent.com/social for important disclosures.