Q. Are there any disadvantages in moving my TSP balance to another financial institution besides paying higher management fees? I’m concerned that I won’t have access to my funds on an intermittent basis if left in the TSP.
A. Yes. You will also lose access to the G Fund, which can be very a valuable asset if you know how to use it to your advantage. Why not take a partial lump sum and roll it over to an IRA while keeping your TSP account open? There are ways to work around the need for intermittent withdrawals.