Employers with Low Reserve Ratios to Pay a Lower Investment Fee
Employers with a reserve ratio of less than 1% had their investment fee lowered from 0.55% to 0.53%, effective retroactively to January 1, 2011.
Investment Fee Payments Do not Affect An Employer’s Experience Rating
Investment fee payments may not be credited to the employer’s experience rating account and may not be deducted in whole or in part by any employer from the wages of individuals in its employ.
Contact Vision Payroll Today
Contact Vision Payroll today if you have further questions on changes to the South Dakota investment fee.