South Dakota Gold IRA: State Tax Rules and 2026 Considerations

Updated: July 30, 2026

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A South Dakota resident who funds a self-directed gold IRA from a rolled balance and then takes a distribution faces a one-layer federal tax question and a zero-layer state tax question. South Dakota does not tax wages, IRA distributions, pension benefits, Social Security, or capital gains at the state level. The federal Form 1099-R reporting still flows through the IRS in full.

Element I is the baseline South Dakota treatment. The South Dakota Department of Revenue collects no individual income tax on any retirement distribution. Federal AGI runs against the federal tax code only. See the dealers OPRS clears and the ones we warn against before any distribution. The custodian’s depository and shipping infrastructure is the operational gate that controls whether physical-metal delivery to a South Dakota address is clean.

Element II is the Minnesota-to-South Dakota residency-shift question. Minnesota is the largest source of inbound retiree migration to South Dakota by adjusted gross income in recent IRS migration data. The Minnesota Department of Revenue uses a domicile-plus-day-count framework. Element III is the federal mechanic stack: IRC Section 72(t) early-distribution additional tax, the SECURE 2.0 required minimum distribution age, and the IRC Section 3405 withholding default. These apply at the federal level regardless of South Dakota residency.

Element IV is the dynasty-trust dimension. South Dakota’s trust law is one of the most flexible in the United States for multi-generation IRA wealth transfer planning. A South Dakota-sitused trust can hold an inherited IRA beneficiary interest under the SECURE Act ten-year rule with planning structures unavailable in rule-against-perpetuities states. Missing any of these four elements complicates a routine South Dakota IRA distribution in unnecessary ways.

How South Dakota taxes traditional IRA distributions: the no-state-income-tax baseline

South Dakota is one of nine states with no individual income tax. The other eight are Alaska, Florida, Nevada, New Hampshire, Tennessee, Texas, Washington, and Wyoming. New Hampshire historically taxed interest and dividends under its Interest and Dividends Tax. The New Hampshire I&D tax was repealed effective tax year 2025.

South Dakota Codified Laws Title 10 covers Taxation. SDCL Chapter 10-1 governs the Department of Revenue. SDCL Chapter 10-45 covers state retail sales and service tax. SDCL Chapter 10-12 covers property tax administration. SDCL Chapter 10-46 covers use tax. No chapter of SDCL Title 10 imposes a personal income tax. The South Dakota Constitution at Article XI Section 2 grants the legislature broad taxing authority but has never been exercised to enact a personal income tax.

The South Dakota Department of Revenue publishes its tax program list at dor.sd.gov. The list covers sales and use tax, contractor’s excise tax, bank franchise tax, motor vehicle excise tax, lottery, alcohol tax, tobacco tax, and fuel tax. Individual income tax does not appear. The state’s general revenue is anchored by sales tax and tourism-related excises, not personal income taxation.

A traditional IRA distribution from a self-directed gold IRA is reported on federal Form 1099-R. The federally taxable portion flows into federal AGI and is taxed at the federal marginal rate. The same dollar produces zero state-level income tax for a South Dakota resident. No schedule, no Form M1 equivalent, no IT-201 equivalent applies at the South Dakota state level.

A Roth IRA qualified distribution (five-year period satisfied and the participant age 59 and a half or older, or another qualifying event) is federally tax-free and South Dakota tax-free. A non-qualified Roth distribution is subject to federal income tax on the earnings portion only under the basis-ordering rules of IRC Section 408A(d). That taxable earnings portion still produces zero South Dakota state tax.

The state-tax-rate spread matters at distribution scale. A retired Minnesota resident with a $50,000 traditional IRA distribution faces approximately $4,925 in Minnesota state tax at the 9.85 percent top marginal bracket. A retired Wisconsin resident with the same distribution faces approximately $3,825 at the 7.65 percent top bracket.

A retired Iowa resident faces approximately $1,900 at the new 3.8 percent flat rate effective 2025 onward. A retired Nebraska resident faces approximately $2,600 at the phased-down 5.2 percent top bracket. A South Dakota resident faces $0.

Minnesota-to-South Dakota residency shifts and the source-state lookback

The South Dakota-specific residency story is dominated by relocation from Minnesota. South Dakota has been a leading inbound destination for Minnesota outmigration in recent IRS Statistics of Income migration data. The Minnesota Department of Revenue reads the residency question under Minnesota Statutes Section 290.01 subdivision 7.

The Department uses a domicile-and-day-count framework. A Minnesota resident is a person domiciled in Minnesota. Or a person not domiciled in Minnesota who spends more than half the tax year (183 days) in the state and maintains an abode there.

The Minnesota Department of Revenue’s residency-audit lookback is governed by Minnesota Statutes Section 289A.38 and the general assessment-period rule of three and a half years from the return due date. A South Dakota-resident IRA participant who took a distribution within the open assessment window after a Minnesota exit may receive a Notice of Change asserting continuing-residency status. The defense is the documentation file. The federal Pension Source Tax Act preempts the assertion once South Dakota residency is properly established.

The 183-day physical-presence test is not by itself dispositive in Minnesota when domicile is the disputed issue. Minnesota Revenue Notice 99-08 lists 26 domicile factors. They include driver’s license, voter registration, vehicle registration, location of personal effects, professional and social ties, and the place where minor children attend school.

A retiree who moves to Sioux Falls but keeps a Twin Cities lake home, Minnesota medical providers, Minnesota vehicle registration, and Minnesota voter registration is exposed to a continuing-domicile claim. The trigger is the bundle, not any single factor.

Documentation discipline matters. Update the IRA custodian’s address of record to the South Dakota address. File a final Minnesota Form M1 part-year return in the year of the move. Update the W-4R withholding election to remove Minnesota state withholding.

Update voter registration, driver’s license, vehicle registration, and any other indicia of domicile to South Dakota. Hold the Minnesota Schedule M1NR and supporting documents for the Minnesota assessment-period window. Run the dealer screen in parallel so the custodian conversation aligns with a clean South Dakota record.

Federal mechanics that still apply: 72(t), RMDs, and withholding

South Dakota’s no-state-income-tax status does not erase the federal mechanics on a gold IRA. The IRC Section 72(t) 10 percent additional tax on pre-59-and-a-half distributions applies in full. The exceptions are the same federal exceptions that apply in every state. They include medical expenses above 7.5 percent of AGI, qualified higher education expenses, first-time homebuyer ($10,000 lifetime), substantially equal periodic payments under Section 72(t)(2)(A)(iv), and the public safety officer age-50 exception under Section 72(t)(10).

The SECURE Act 2.0 amended IRC Section 401(a)(9). The required minimum distribution age is 73 for participants born between 1951 and 1959. It is 75 for participants born in 1960 and after. The RMD calculation uses the Uniform Lifetime Table in IRS Publication 590-B Appendix B. The South Dakota Department of Revenue does not impose a parallel state-level RMD rule because there is no state income tax to apply against.

The withholding default on a traditional IRA distribution to a South Dakota resident is 10 percent federal withholding under IRC Section 3405(b)(1) unless the participant elects out. The election-out is filed on IRS Form W-4R submitted to the custodian. State withholding does not apply because South Dakota does not have a state income tax to withhold against. The 1099-R Box 14 (state tax withheld) and Box 15 (state ID) will be blank or zero for a South Dakota-resident participant.

An indirect rollover (60-day rollover under IRC Section 408(d)(3)) subjects the participant to a mandatory 20 percent federal withholding on a distribution from an employer plan to the participant before re-deposit. The South Dakota resident pays 20 percent to the IRS during the 60-day window. A direct trustee-to-trustee transfer avoids the withholding entirely. The state-tax dimension is moot in South Dakota either way.

The IRS Publication 590-B treatment of an in-kind distribution from a self-directed gold IRA is the same in South Dakota as in every other state. The fair market value of the physical metal on the distribution date is the federally taxable amount. The custodian reports the FMV on Form 1099-R Box 1. South Dakota adds nothing to that number.

The South Dakota dynasty-trust angle for inherited gold IRAs

South Dakota is one of a small group of states that has fully abolished the common-law rule against perpetuities. SDCL 43-5-8 provides that the common-law rule against perpetuities does not apply to interests in a trust that meets statutory requirements. The practical effect is that a South Dakota-sitused trust can hold property indefinitely across generations. The structure is commonly called a dynasty trust.

The IRA-planning interaction works as follows. The participant’s IRA passes at death to the participant’s named beneficiary. Under the SECURE Act, a non-spouse designated beneficiary is generally subject to the ten-year payout rule under IRC Section 401(a)(9)(H).

A see-through trust qualifying under Treasury Regulations Section 1.401(a)(9)-4 can be the named beneficiary. The underlying trust beneficiaries are then treated as the IRA designated beneficiaries. The trust itself need not be located in South Dakota to qualify under the see-through rules. The situs choice controls the rule-against-perpetuities question on the trust’s post-IRA assets and on any non-IRA assets the trust receives separately.

The structure does not eliminate the ten-year IRA payout rule. The IRA itself still empties into the trust within ten years. What the South Dakota dynasty trust changes is the post-distribution dimension.

The cash, in-kind metals, or rolled assets that the trust receives from the IRA can sit inside the trust for multiple generations under SDCL 43-5-8 without forced termination. The federal generation-skipping transfer tax under IRC Chapter 13 still applies on the GST-tax side. The rule-against-perpetuities forced termination does not.

South Dakota also has favorable trust privacy and asset-protection statutes. SDCL Chapter 55-16 governs the Qualified Dispositions in Trust Act (the South Dakota domestic asset-protection trust statute). The relevant feature for IRA-inheritance planning is the two-year look-back period for fraudulent-transfer claims against the trust.

South Dakota’s regime is among the more protective in the country. This is a factor distinct from the gold IRA mechanics themselves but adjacent to estate planning for a participant with a large self-directed gold IRA balance.

The participant who wants to combine a self-directed gold IRA with South Dakota dynasty-trust planning should engage a South Dakota-licensed trust attorney and a South Dakota-chartered trust company. The trust company serves as trustee, holding the trust property after the IRA’s ten-year payout completes. The custodian conversation on the gold IRA itself remains a separate due-diligence layer. The dealer screen runs in parallel with the trust planning, not as a substitute.

Snowbirds, former-state taxation, and the Pension Source Tax Act

The federal Pension Source Tax Act of 1996 (4 U.S.C. Section 114) blocks a former state of residence from taxing retirement income paid to a person who is no longer a resident of that state. The protection covers traditional IRA, Roth IRA, 401(k), 403(b), 457(b), defined benefit pension, and self-directed gold IRA distributions. South Dakota’s no-state-income-tax status puts the entire risk on the former state’s side of the audit.

The statute defines retirement income broadly. It includes IRA distributions under IRC Section 408 and qualified plan distributions under IRC Section 401. The protection applies once the participant has established residency in the new state. The South Dakota side is straightforward because there is no South Dakota income tax to layer on top. The former state’s claim is the only state-tax question.

The reverse case applies to retirees who move out of South Dakota. A South Dakota retiree who relocates to Colorado, Arizona, or another tax-imposing state becomes subject to that state’s rules from the date of new domicile. The Pension Source Tax Act does not block the new state’s claim. The new state is the current state of residence.

A South Dakota-then-Arizona retiree who takes a $50,000 distribution in Arizona pays Arizona tax at the 2.5 percent flat rate, roughly $1,250. The South Dakota departure is the easy half.

Snowbird households that maintain two residences must pick one as the state of domicile. Day-count rules vary by state. Minnesota uses the 183-day plus permanent-abode test in Section 290.01 subd. 7. New York uses a 183-day statutory residency test under NY Tax Law Section 605(b).

South Dakota does not have a competing claim because there is no South Dakota income tax. The risk is the second state’s claim. The custodian’s address of record should match the chosen domicile, not the seasonal residence.

Depository, custodian, and shipping considerations from South Dakota

The IRS does not approve any depository located in South Dakota. Self-directed gold IRA metals for a South Dakota-resident participant are held at one of the standard out-of-state IRS-approved depositories. The most common include Delaware Depository (Wilmington), International Depository Services (Dallas and Delaware), Brink’s Global Services USA (Salt Lake City and Los Angeles), HSBC Bank USA vaults (New York), and CNT Depository (Bridgewater, Massachusetts).

The Delaware Depository and IDS Dallas are the most common standing-contract choices among self-directed IRA custodians serving South Dakota residents.

The depository choice is set by the custodian. A self-directed IRA custodian such as Equity Trust, STRATA Trust Company, Kingdom Trust, or Madison Trust has standing relationships with specific depositories. A South Dakota-resident participant does not select the depository directly. The participant selects the custodian. The custodian selects the depository from its approved list.

An in-kind distribution to a South Dakota-resident participant ships from the depository via insured carrier. The carrier is typically Brink’s, Loomis, or a similar armored-transport firm with secured-package experience. The shipping cost is borne by the participant and is not deductible because the distribution itself is the taxable event. Shipping fees commonly run from $150 to $500 per shipment depending on insured value and destination ZIP code.

Sioux Falls and Rapid City receive standard armored-carrier service. Sioux Falls connects via Interstate 29 to the Twin Cities corridor and Interstate 90 east to the Delaware Depository route. Rapid City connects via Interstate 90 west to the Brink’s Salt Lake City hub. The standard depository contracts include door-to-door delivery to both metropolitan areas.

The custodian’s distribution instructions should still specify the delivery ZIP code carefully. Rural Pierre, Aberdeen, Mitchell, or smaller towns may require an additional segment through a regional hub.

An in-cash distribution avoids the shipping question entirely. The depository sells the metal at the spot price on the distribution date. The cash proceeds are wired to the participant’s bank or sent by ACH. The federally taxable amount is the cash distribution amount on Form 1099-R Box 1. The mechanic is identical to any other IRA cash distribution.

Sales tax, property tax, and the broader South Dakota retirement landscape

South Dakota’s retirement-income tax landscape is among the most favorable in the United States. The state has no individual income tax, no state estate tax, no inheritance tax, and no tax on Social Security or pension income at the state level. The federal mechanics apply unchanged. The state-level benefit for a retiree is the absence of layered state taxation on each retirement-income source.

South Dakota’s state sales tax rate is 4.2 percent under SDCL 10-45. The rate was reduced from 4.5 percent by House Bill 1137 in the 2023 legislative session effective July 1, 2023. A scheduled sunset reverts the rate to 4.5 percent on July 1, 2027 absent further legislative action.

Municipal sales tax adds up to 2 percent in incorporated cities. The combined state-and-local sales tax is approximately 6.2 percent in Sioux Falls and Rapid City. The tax is collected at point-of-sale retail. An IRA distribution is not a retail transaction. Sales tax does not apply to the distribution itself, only to retail purchases made with the distributed cash.

South Dakota property tax is administered by the county assessor under SDCL Chapter 10-12. The statewide median effective property tax rate is approximately 1.1 percent of assessed value. SDCL Chapter 10-6B (Assessment Freeze for the Elderly and Disabled) caps the assessed value of a qualifying primary residence at the initial qualifying-year value for households meeting age and income thresholds. The freeze is a meaningful retirement-planning factor for participants who plan to hold a South Dakota residence for the long term.

South Dakota does not impose a state estate tax. The state never enacted a standalone estate tax after the federal pickup credit was phased out under the Economic Growth and Tax Relief Reconciliation Act of 2001. South Dakota repealed its inheritance tax effective January 1, 2001 under 2000 SD House Bill 1019.

The federal estate-tax regime under IRC Section 2001 applies in full. The federal estate-tax exclusion for 2025 was $13.99 million per individual ($27.98 million for a married couple with portability). The 2026 figure is set by IRS Revenue Procedure for inflation adjustment.

The Tax Cuts and Jobs Act of 2017 doubled the federal estate-tax exclusion through 2025. The doubling sunsets on January 1, 2026 absent congressional action. The post-sunset exclusion is projected to be approximately $7 million per individual (adjusted for inflation). A South Dakota-resident gold IRA participant with a large balance should monitor the sunset rule for beneficiary-planning purposes. The state-level dimension remains zero in South Dakota either way.

Common mistakes South Dakota retirees make on a gold IRA

1. Treating South Dakota residency as instantly final at the move date. The Minnesota Department of Revenue treats the residency question as a domicile-plus-day-count framework. A retiree who moves to Sioux Falls but keeps a Minnesota lake home, Minnesota medical providers, Minnesota vehicle registration, and Minnesota voter registration is exposed to a continuing-domicile claim. The fix is the full domicile package documented before any major distribution.
2. Forgetting the Minnesota assessment-period lookback. A retiree who moved from Minnesota within the prior three and a half years and takes a distribution may receive a Notice of Change from the Minnesota Department of Revenue asserting continuing residency. The defense is the documentation file: voter registration date, South Dakota driver’s license issue date, lease or property tax records, vehicle re-registration. The Pension Source Tax Act preempts the assertion once South Dakota residency is cleanly established.
3. Confusing the dynasty-trust SDCL 43-5-8 benefit with an IRA-payout extension. SDCL 43-5-8 abolishes the rule against perpetuities for trust property. It does not extend the SECURE Act ten-year IRA payout rule. The IRA itself still empties into the trust within ten years of the participant’s death. The dynasty-trust benefit operates on the trust assets after the IRA payout completes, not on the IRA balance itself.
4. Selecting a custodian without confirming depository shipping to the actual South Dakota address. Not every custodian’s standing depository contract covers in-kind shipping to every South Dakota ZIP code. Sioux Falls and Rapid City are routine. Rural Pierre, Aberdeen, Mobridge, and the western reservation counties may require routing through a regional hub. The participant who plans for an in-kind distribution at retirement should confirm the shipping arrangement in writing at account opening, not at distribution.
5. Missing the SECURE 2.0 RMD age update. A 73-year-old South Dakota participant born in 1953 is under the previous age-73 rule. A 70-year-old participant born in 1956 is also under the age-73 rule. A 65-year-old participant born in 1961 is under the age-75 rule. The custodian’s automated RMD calculation should reflect the birth-year cohort.
6. Skipping dealer vetting because the state-tax math is simple. South Dakota’s zero-state-tax status removes one layer of complexity. It does not remove the dealer-selection layer. The custodian, depository, fee schedule, and buyback policy still matter. Check this dealer against the 2026 OPRS list before any custodian conversation.

What changed in 2026 for a South Dakota gold IRA participant

The federal contribution and distribution rules continue to evolve. The IRA contribution limit for 2025 was $7,000 (under age 50) and $8,000 (age 50 and older catch-up) under IRC Section 219(b)(5). The 2026 figures are released by IRS Revenue Procedure for the 2026 tax year. The South Dakota state-level dimension remains zero across each year.

The SECURE 2.0 Roth catch-up rule under Section 603 takes effect for tax years beginning after December 31, 2025. Participants age 50 and older with prior-year wages above $145,000 (indexed) must make catch-up contributions on a Roth basis only. The rule applies to 401(k), 403(b), and 457(b) plans. The IRA catch-up rule under Section 219(b)(5)(B) is not affected by the change.

The federal estate-tax exclusion is set to sunset from the doubled level on January 1, 2026. The pre-sunset exclusion was $13.99 million per individual in 2025. The post-sunset exclusion is projected at approximately $7 million per individual after inflation adjustment.

The South Dakota state-level dimension remains zero either way. The federal liability for a South Dakota-resident gold IRA holder above the post-sunset threshold should be reviewed with an estate-planning attorney. Ideally one familiar with South Dakota dynasty-trust structures under SDCL 43-5-8.

The South Dakota Retirement System (SDRS), operating under SDCL Chapter 3-12, continues to administer defined benefit pensions and a Supplemental Retirement Plan for state and local government employees. SDRS benefits are federally taxable and South Dakota tax-free. An SDRS retiree who rolls a vested Supplemental Retirement Plan balance to a self-directed gold IRA can move the asset class without changing the South Dakota state-tax exposure (zero in both states of nature).

The South Dakota sales tax rate of 4.2 percent under SDCL 10-45 is scheduled to revert to 4.5 percent on July 1, 2027 absent further legislative action. The change affects retail purchases made with distribution proceeds, not the IRA distribution itself. The 2027 reversion date is the planning marker for retirees timing large taxable purchases (vehicles, appliances, construction materials) against distribution timing.

A South Dakota-resident gold IRA participant has one of the simplest state-tax matrices in the country. The federal tax matrix is the same as in every other state. The state-level dimension is zero, which means the dealer-selection layer carries the full weight of the planning decision. The custodian’s depository, fee schedule, in-kind distribution shipping arrangement, and buyback policy determine the operational quality of the account through retirement and at distribution.

The dealer-side trust signal stack that OPRS uses includes four markers that travel across all 50 states. The markers are listed below.

• Money Magazine Best Overall Gold IRA Company (2022 to 2026)
• Investopedia Most Transparent Gold IRA Company (2022 to 2026)
• BBB A+ Rating with Zero Complaints (accredited since 2014)
• Education-First Process with non-commissioned customer success agents

Does South Dakota tax traditional IRA distributions at all?

No. South Dakota has no individual income tax. Traditional IRA distributions, Roth IRA distributions, defined benefit pension distributions, Social Security benefits, capital gains, and wages all carry zero state income tax for a South Dakota resident. The federal tax under IRC Sections 72, 401, and 408 applies in full and is reported on federal Form 1099-R.

South Dakota counties and municipalities may impose sales tax and property tax. Sales tax applies to point-of-sale retail purchases. Property tax applies to real estate ownership. Neither reaches an IRA distribution. The IRA distribution is a federal-only taxable event for a South Dakota-resident participant.

If I move from Minnesota to South Dakota, when does my Minnesota income tax stop?

Minnesota state income tax stops when South Dakota residency is established and Minnesota domicile is broken. The Minnesota Department of Revenue uses the domicile-and-day-count framework under Minnesota Statutes Section 290.01 subdivision 7 and Revenue Notice 99-08.

The factors include physical presence (the 183-day count and permanent abode), driver’s license, voter registration, vehicle registration, location of personal effects, professional and social ties, and the place where minor children attend school. A part-year Minnesota return on Form M1 with Schedule M1NR is filed for the year of the move.

The federal Pension Source Tax Act of 1996 (4 U.S.C. Section 114) preempts Minnesota’s claim on IRA distributions paid after South Dakota residency is established. The protection applies to traditional IRA, Roth IRA, 401(k), 403(b), 457(b), defined benefit pension, and self-directed gold IRA distributions. The participant should retain documentation of the move and the date of new South Dakota residency. The Minnesota Department of Revenue’s general assessment-period window is approximately three and a half years from the return due date.

Does South Dakota impose a state-level early-distribution penalty like Wisconsin?

No. South Dakota does not impose a state-level additional tax on early IRA distributions parallel to the federal IRC Section 72(t) 10 percent additional tax. Wisconsin imposes a 33 percent state mini-penalty under Wisconsin Statute 71.83(1)(b)6. California imposes a 2.5 percent additional tax under California Revenue and Taxation Code Section 17085. South Dakota imposes zero.

A South Dakota-resident participant who takes a pre-59-and-a-half distribution from a traditional IRA pays the federal 10 percent additional tax and zero at the state level. The total tax cost is the federal marginal rate plus the federal 10 percent additional tax on the taxable portion. The state-level cost is zero.

Are South Dakota Retirement System pension benefits taxable?

Yes at the federal level, no at the state level. The South Dakota Retirement System (SDRS) is governed by SDCL Chapter 3-12. SDRS defined benefit pension payments are federally taxable as ordinary income under IRC Section 72 and are reported on federal Form 1099-R. The federal exclusion ratio applies if the participant made after-tax contributions to the plan.

South Dakota does not tax SDRS pension income at the state level. There is no state income tax to apply against. The participant’s total tax liability is the federal liability only. An SDRS retiree who rolls a vested Supplemental Retirement Plan balance to a self-directed gold IRA changes the asset class without changing the South Dakota state-tax exposure.

Does South Dakota have a state estate tax or inheritance tax?

No. South Dakota has no state estate tax and no inheritance tax. The state repealed its inheritance tax effective January 1, 2001 and never enacted a standalone estate tax after the federal pickup credit was phased out under the Economic Growth and Tax Relief Reconciliation Act of 2001. The federal estate tax under IRC Section 2001 applies in full at the participant’s death if the gross estate exceeds the applicable exclusion amount.

A self-directed gold IRA with a balance above the federal exclusion amount is subject to federal estate tax at the participant’s death. The post-sunset 2026 federal exclusion is projected at approximately $7 million per individual (adjusted for inflation). A South Dakota-resident gold IRA holder above that threshold should review beneficiary designations and consider whether a South Dakota-sitused dynasty trust under SDCL 43-5-8 is a useful structure for the post-IRA assets, in coordination with an estate-planning attorney.

Sources cited

1. South Dakota Department of Revenue, Tax Program List (Individual Income Tax Not Listed)
2. South Dakota Codified Laws Chapter 10-45, Retail Sales and Service Tax
3. South Dakota Codified Laws Chapter 10-12, Property Tax Administration
4. South Dakota Codified Laws Chapter 3-12, South Dakota Retirement System
5. South Dakota Codified Laws Section 43-5-8, Rule Against Perpetuities Abolished for Trusts
6. South Dakota Codified Laws Chapter 55-16, Qualified Dispositions in Trust
7. Minnesota Statutes Section 290.01, Definitions (Resident Defined at Subdivision 7)
8. IRC Section 72, Annuities; Certain Proceeds of Endowment and Life Insurance Contracts
9. IRC Section 72(t), Additional Tax on Early Distributions from Qualified Retirement Plans
10. IRC Section 408, Individual Retirement Accounts (Traditional IRA)
11. IRC Section 408A, Roth IRA Distribution Rules
12. IRC Section 3405, Withholding on Pension and Annuity Distributions
13. 4 U.S.C. Section 114, Pension Source Tax Act of 1996
14. IRS Publication 590-B, Distributions from Individual Retirement Arrangements

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