### Question
How is the "independent appraiser" defined?


### Answer
The term **independent appraiser** is defined in *26 U.S.C. § 401* as follows -

> any appraiser meeting requirements similar to the requirements of the regulations prescribed under section 170(a)(1)

#### Citation:
  - *26 U.S.C. § 401*
  - 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**

