Except as provided for in §§ 3-13-65 and 3-13-66 , a participant may not defer more in any plan year than the lesser of: (1) The applicable dollar amount associated with a particular year pursuant to § 457(e)(15)(A) of the Internal Revenue Code, as indexed after 2006 pursuant to § 457(e)(15)(B) of the Internal Revenue Code; or (2) One hundred percent of the participant's includible compensation. Source: SL 2025, ch 27 , § 81.
Maximum deferral
SDCL § 3-13-56.5 — under DEFERRED COMPENSATION PLAN FOR PUBLIC EMPLOYEES.
SDCL § 3-13-56.5