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Hi fools, My friend is 75 and still working. He has an older 401K he's been taking RMDs from for the last 5 years and he has been told by another friend that if he rolls this 401k into his current employer's 401k he'll no longer have to take RMDs. He is not a greater than 5% owner. Is the IRS OK with this? Thanks in advance for any help.
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