20 CFR § 404.2060 - Transfer of accumulated benefit payments.
---
identifier: "/us/cfr/t20/s404.2060"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "20 CFR § 404.2060 - Transfer of accumulated benefit payments."
title_number: 20
title_name: "Employees' Benefits"
section_number: "404.2060"
section_name: "Transfer of accumulated benefit payments."
chapter_name: "SOCIAL SECURITY ADMINISTRATION"
part_number: "404"
part_name: "FEDERAL OLD-AGE, SURVIVORS AND DISABILITY INSURANCE (1950- )"
positive_law: false
currency: "2026-04-05"
last_updated: "2026-04-05"
format_version: "1.1.0"
generator: "[email protected]"
cfr_part: "404"
---
# 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]