Transfer of accumulated benefit payments.

  1. Law
  2. CFR 20
  3. Employees' Benefits
  4. Social Security Administration
  5. Federal Old-Age, Survivors and Disability Insurance (1950- )
  6. Representative Payment
  7. Transfer of accumulated benefit payments.

Checkout our iOS App for a better way to browser and research.

§ 404.2060 Transfer of accumulated benefit payments.

A representative payee who has conserved or invested benefit payments shall transfer these funds and the interest earned from the invested funds to either a successor payee, to the beneficiary, or to us, as we will specify. If the funds and the earned interest are returned to us, we will recertify them to a successor representative payee or to the beneficiary.

[47 FR 30472, July 14, 1982; 47 FR 34781, Aug. 11, 1982, as amended at 75 FR 7552, Feb. 22, 2010]


Download our app to see the most-to-date content.