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<<I will retire 8/25/00 at 50, with lump sum pension $250000
and Employee Saving and Security of about 160000.
Some of that is pre-tax, some after tax. I've been to
American Express and Merrill Lynch seminars.
...the catch is that the proceeds from my Company must
payable to a custodian of the rollover or all is
instantly tax liable.>>

You might think about a direct transfer into a Rollover IRA, which you then direct. A good place to start looking for one of these would be your current online broker. Any broker who can spell IRA knows how to do a direct transfer; just ask the current crowd to send you the required forms to fill out for setting up a self-directed IRA. If you're not satisfied with your current online broker, or if you want to shop around, you might look at Waterhouse (whom I use). There's also the Online Broker message board that carries pretty good discussions of the online brokerage crowd.

By the way, if you don't mind a rude question, I'm curious about how you're going to retire on $400k. I'm holding out for $1M to start, so I can do the 5% withdrawal trick.

Hope this helps.

Eric Hines
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