No - it does not mean you don't have to take RMD from any of the 401K...it means you can delay taking RMD from your current
employer-provided plan, such as your 401(k), until April 1
of the year after you retire - the “still working” exception only applies to your current employer.
Note: You do have to make mandatory
withdrawals from your IRAs once you reach 70 and 1/2, regardless of your working status.
