S.D. Admin. R. 46:11:11:04

Current through Register Vol. 51, page 67, December 16, 2024

Section 46:11:11:04 - Unearned income defined

Unearned income is all income that is not earned. It may be received in cash or in kind. The following are types of unearned income:

(1) Annuities, pensions, and other periodic payments, such as private pensions, social security benefits, disability benefits, veterans' benefits, workers' compensation, railroad retirement annuities, and unemployment insurance benefits;

(2) Alimony and child support payments;

(3) Dividends, interest, and royalties;

(4) Death benefits; and

(5) Gifts and inheritances.

S.D. Admin. R. 46:11:11:04

40 SDR 102, effective 12/3/2013.

General Authority: SDCL 27B-2-26.

Law Implemented: SDCL 27B-2-26.