20 CFR 416.660 - Transfer of accumulated benefit payments.

Code of Federal Regulations - Title 20: Employees' Benefits

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Title 20: Employees' Benefits

CHAPTER III: SOCIAL SECURITY ADMINISTRATION

PART 416: SUPPLEMENTAL SECURITY INCOME FOR THE AGED, BLIND, AND DISABLED

Subpart F: Representative Payment

416.660 - 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 30475, July 14, 1982, as amended at 75 FR 7552, Feb. 22, 2010]

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