South Dakota Financial Planning Exemptions

• Retirement Accounts Exemption: 100%
• Homestead Exemption: Real property to unlimited value or mobile home (larger than 240 sq. ft. at its base and registered in state at least 6 months before filing) to unlimited value; property cannot exceed 1 acre in town or 160 acres elsewhere; sale proceeds to $30,000 ($170,000 if over age 70 or widow or widower who hasn't remarried) exempt for 1 year after sale (husband and wife may not double.)
• Life Insurance Exemption: $20,000
• Annuity (Non-IRA/ERISA) Cash Value Exemption: $250/month

DISCLAIMER: These codes may not be the most current version. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.

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