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Section 3-13-60 - Required minimum distributions--Participant's death before distributions begun — South Dakota Law | CourtGPT
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South Dakota Legal Code

Section 3-13-60 - Required minimum distributions--Participant's death before distributions begun

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3-13-60. Required minimum distributions--Participant's death before distributions begun. If a participant dies before required distribution of the participant's benefits has begun, the participant's interest shall be distributed as follows:(1)If the participant 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 participant's death; or(2)If the participant has no surviving spouse, the participant's remaining interest shall be distributed in a lump sum payment to the designated beneficiary within five years from the date of the participant's death. Source: SL 2021, ch 28, § 9.