With a 401K you do not have to take a lump sum. However, when you leave the company, for retirement or otherwise, most people recommend rolling it over to an IRA because you have more options, particularly with a brokerage like Ameritrade or Brown.I do not remember at this time what the income limits are for the Roth IRA, but so long as you are not married all you have to consider is your own income(s) separately. When you take money out of your IRA on retirement, you have to do it based on your life expectancy, or joint with your spouse. If the minimum that you have to take out puts you in a higher bracket, consider yourself very fortunate - or more accurately very responsible.
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