Can qualified retirement plan assets be rolled over into a SEP?
Assets from a qualified retirement program, such as a 401(k), can be rolled over into a simplified employee pension (SEP) plan. However, SEP assets may not be rolled over directly into another qualified plan. If you want to retain the ability to roll over assets from a qualified plan to a new employer s qualified plan, you must use a so-called conduit Individual Retirement Account. Beginning in 2002, any pre-tax IRA, including SEP and SIMPLE IRA plans, may be rolled into any other type of tax favored retirement plan such as a qualified plan, TSA, or 457 plan.
