20 CFR 404.2060
§ 404.2060 Transfer of accumulated benefit payments.
United States · 20 CFR — Employees' Benefits · Status: effective
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- Citation
- 20 CFR 404.2060, § 404.2060 Transfer of accumulated benefit payments, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/78934
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Full text
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.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.