Should Retirees Roll Over Their Thrift Savings Account (TSP) to an IRA?

I recently rolled over my TSP account to an IRA. The TSP was established in 1987, concurrent with the Federal Employees Retirement System (FERS). There are many factors to consider when rolling over an account, including convenience, potentially lower-cost investment options, and the inheritance limitations with a survivor’s Beneficiary Participant Account (BPA).