Exempt from RMD?

[Nashville]

Are there any known exceptions for someone 70 1/2 who doesn't want to receive RMDs?

What was mentioned was a 401k plan where the participant is still an employee and does not own 5% or more of the company.

[Gary2]

The rules for employer plans are different from the rules for IRAs, 403(b) plans, etc. Which type specifically is of concern?

[Nashville]

Plan "Type"

Apparently, the plan "type" is a 401k.

[Gene V]

Yes

Are there any known exceptions for someone 70 1/2 who doesn't want to receive RMDs?

What was mentioned was a 401k plan where the participant is still an employee and does not own 5% or more of the company.

A qualified plan (401K) is not subject to the RMD rules until the year the participant retires, even if over age 701/2. However, this RMD exception doesn't apply to participants who are more-than-5% owners of the business sponsoring the qualified plan (IRC 401(a)(9)(C).