Roll Your Thrift Savings Plan (TSP) To An Individual Retirement Account (IRA) Upon Retirement?

Recently a retired federal employee friend asked me about rolling his TSP account into an IRA.  My initial thought was, “No, why, there’s no advantage.”

But luckily for both my friend and I, research shows that indeed there are at least five advantages to rolling over your TSP after you retire.  Here’s a summary of the advantages to rolling a TSP account into and IRA that I found:

An IRA gives you Substantially more investment choices.Read the rest