When engaged in a conversation, speakers sometimes have to withhold a planned response, for example, before it is their turn to speak. In the present study, using magnetoencephalography (MEG) outside of a conversational setting, we investigate the oscillatory brain mechanisms involved in the process of withholding a planned verbal response until it is time to speak. Our participants viewed a sequence of four random consonant strings and one pseudoword, which they had to pronounce when the fifth string (the imperative stimulus) was presented. The pseudoword appeared either as the fourth or fifth stimulus in the sequence, creating two conditions. In the withhold condition, the pseudoword was the fourth string and the verbal response was withheld until the imperative stimulus was presented. In the control condition, the fifth string was the pseudoword, so no response was withheld. We compared oscillatory responses to the withhold relative to the control condition in the time period preceding speech. Alpha-beta power (830 Hz) decreased over occipital sensors in the withhold condition relative to the control condition. Source-level analysis indicated a posterior source (i.e., occipital cortex) associated with the alpha-beta power decreases. This occipital alphabeta desynchronization likely reflects attentional allocation to the upcoming imperative stimulus. Moreover, beta (1220 Hz) power increased over frontal sensors. Sourcelevel analysis indicated a frontal source (i.e., middle and superior frontal gyri) associated with the beta-power increases. We interpret the frontal beta synchronization to reflect a mechanism aiding the maintenance of the current motor or cognitive state. Our results provide a window into a possible oscillatory mechanism implementing the ability of speakers to withhold a planned verbal response until they have to speak.