S.D. Codified Laws § 3-13-83.1

Immediate distribution--In-service distribution--Age requirement--Effect

Year: 2025Length: 65 wordsOfficial source
Notwithstanding § 3-13-83 , a participant who is at least fifty-nine and one-half years old may elect to receive an in-service distribution from the plan in any form permitted under § 3-13-80 . The receipt of an in-service distribution pursuant to this section does not preclude the participant from continuing to make deferrals of compensation into the plan. Source: SL 2026, ch 27, § 2.
S.D. Codified Laws § 3-13-83.1: Immediate distribution--In-service distribution--Age requirement--Effect | Justis AI