Regarding question #2, if you are under age 59½ and still employed with the company, there are limitations on moving funds currently in the 401(k) to another qualified retirement account. If under age 59½ and still employed, (except for a hardship distribution which is ineligible for rollover) no distribution of employee elective deferrals is permitted, so these must remain in the 401(k). Depending on the plan agreement, if under age 59½ and still employed with the company it may be that other amounts are also not permitted to be distributed; you'll have to examine the plan agreement.
