Can anyone confirm whether an individual with an account under a SEP will be able to rollover those funds to a qualified plan under the new EGTRRA rules? The new law does not make specific reference to rollovers from SEPs to other types of plans. However, since SEPs are generally subject to the same distribution rules as IRAs, can we now assume that a rollover will be permitted between a SEP and a qualified plan beginning in 2002?

A SEP is just an IRA that accepts SEP IRA contributions. All the IRA rules apply- including the portability rules under EGTRRA-2001