IRAs Can Be Used for College Savings, and Other Facts about IRA Accounts You Might Not Know By Heather Taylor 2/5/2015 0 Comments Plus you can take out your own contributions anytime without paying tax. Roth IRAs do have. users. We use 100% of these fees to fund our testing programs. Penelope Wang I cover everything from retirement planning to taxes to. When most people think of IRAs, they probably…