View all text of Subpart U [§ 404.2001 - § 404.2065]
§ 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.