The state and its political subdivisions and their employees may participate in tax-sheltered annuities or accounts, or both. The employees may authorize their employer to withhold a designated amount from their salary for a retirement annuity or accounts, or both, purchased for their benefit.
S.D. Codified Laws § 3-10-4
Participation in tax-sheltered annuities authorized--Salary deductions
Source: SL 1963, ch 329; SL 1989, ch 35.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.