Required Minimum Distributions

[sueb]

Facts: Over 70 1/2 in April, 2011;
Still working;
Have 401K and Profit Sharing through Employer;
Will receive a W-2 in 2011.
Planning on contributing to 401K in 2011
Not a partner/officer
Has an IRA

Is there a requirement for this individual to withdraw from 401K since over 70 1/2 ?
I know that a withdrawal must occur from the IRA in 2011.

[zeros]

Rmd - 401k

As long as you are still employed, there is no requirement to withdraw from the 40lK. The RMD on the IRA is due by 4/1/2012. Most take out in 2011 to avoid the double RMD in 2012.