South Dakota Codified Laws 3-13A-20. Rollover transfer of participant’s account
Current as of: 2023 | Check for updates
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The board shall establish by rule promulgated pursuant to chapter 1-26 the parameters under which a participant, a participant’s surviving spouse, or a participant’s beneficiary may transfer a portion or all of the participant’s account by rollover to a plan which is an eligible plan under the code.
Terms Used In South Dakota Codified Laws 3-13A-20
- Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
Source: SL 2004, ch 43, § 19; SDCL § 3-12-183; SL 2005, ch 28, § 1; SL 2009, ch 20, § 5.