### Question
What does employer securities mean?


### Answer
**Employer securities** has the following meaning in *26 U.S.C. § 404*:

> given such term by section 409(*l*).

#### Citation:
  - *26 U.S.C. § 404*
  - Heading: **Subtitle A-Income Taxes > CHAPTER 1-NORMAL TAXES AND SURTAXES > Subchapter D-Deferred Compensation, Etc. > PART I-PENSION, PROFIT-SHARING, STOCK BONUS PLANS, ETC. > Subpart A-General Rule**

