I like the TSP. No, I LOVE the TSP! And you should too. However, when it comes to distributions from the TSP, you literally could not make it any more complex.
For this reason alone, it would be wise to roll your TSP over to an IRA upon separating from service, unless you really, and I mean REALLY, want to leave your heirs with a nightmare.
Now, when I say rollover to an IRA, I don’t propose you put it into a high cost fund or annuity. You can get similarly cheap investments at Vanguard and other places as TSP. But with those firms come much more flexibility in distribution options.
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