answer to FDIC limits; roll to more than one banking institution in the first transfer or roll all assets toone bank then move some of the "roll-over", assets to a second and third bank. the first recieving bank's account becomes a "conduit" IRA account. MORE important question, "Why do you want a banker to manage your money during retirement? Did a Banker help build up the account when it was a 401-K? why not trust the same investments that worked for you when YOU were working?" Good luck and enjoy you golden years!