Best option for Thrift Savings Plan at retirement

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Q: I am considering retiring at the end of 2011. I have all my thrift in the C fund. I don’t plan to use my thrift savings to live on during retirement or to withdraw it. What is the best option for me to do with my thrift, leave in? Withdraw it and place in an IRA? What do you advise?

A: The TSP is the best investment vehicle you’re likely to find, anywhere. Leave your money there as long as you can.

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Mike Miles is a Certified Financial Planner licensee and principal adviser for Variplan LLC, an independent fiduciary in Vienna, Virginia. Email your financial questions to fedexperts@federaltimes.com and view his blog at money.federaltimes.com.

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