These regulations reflect and implement amendments to the Social Security Act (the Act) made by sections 213 and 221 of the Personal Responsibility and Work Opportunity Reconciliation Act of 1996. Section 213 requires the establishment of accounts in financial institutions for the payment of past-due SSI benefits exceeding 6 months' benefits to representative payees on behalf of children under age 18. These accounts will be dedicated for certain purposes by restrictions on the use of such past-due benefits. Section 221 requires past-due SSI benefits which equal or exceed 12 months' benefits to be paid in installments, with certain exceptions.