An employee (not a 5% owners) participates in a 401k plan sponsored by his employer. The plan allows IRA accounts to be transferred into the plan. The plan does not require employed participants to begin taking distributions at 70 1/2. RMDs can be postponed until actual termination of employment.
If the employee is post 70 1/2 and has taken his RMD from his IRA for the calendar year, can he rollover the balance into his employer's plan to defer taking RMDs from the IRA monies?