S.D. Codified Laws § 3-13C-13.2

Required minimum distributions--Member's death before distributions begun

Last amended: 2021Year: 2025Length: 98 wordsOfficial source
If a member dies before required distribution of the member's benefits has begun, the member's interest shall be distributed as follows: (1) If the member has a surviving spouse, the surviving spouse shall receive benefits over the life of the surviving spouse beginning as soon as administratively possible and effective the month after the member's death; or (2) If the member has no surviving spouse, the member's remaining interest shall be distributed in a lump sum payment to the designated beneficiary within five years from the date of the member's death. Source: SL 2021, ch 28, § 22.
S.D. Codified Laws § 3-13C-13.2: Required minimum distributions--Member's death before distributions begun | Justis AI