S.D. Admin. R. 62:01:07:10

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

Section 62:01:07:10 - Rollover of beneficiary payment by surviving spouse or other beneficiary

A member's surviving spouse may transfer a portion or all of the member's account by rollover to another plan which is eligible under §§ 401, 403(b), 408, 408 A, or 457(b) of the Internal Revenue Code. A member's beneficiary who is not the member's surviving spouse may transfer a portion or all of the member's account by rollover to a plan which is eligible under § 408 or 408 A of the Internal Revenue Code.

33 SDR 212, effective 6/4/2007; 35 SDR 82, effective 10/22/2008; 39 SDR 227, effective 7/1/2013; 45 SDR 142, effective 7/1/2019

General Authority: SDCL 3-12C-211.

Law Implemented: SDCL 3-12C-409, 3-12C-410, 3-12C-603.