1) Is there an annual limit on the number of 401k to IRA Direct Transfers when the rollover check from a 401k administrator is made payable to the new custodian and received by the individual? For instance wanting to consolidate multiple 401ks into one IRA; and
2) If a check is from a 401k administrator and made payable to the new custodian but received by the individual, is there a time limit on depositing the check into the new IRA?