### Question
Can you define what beneficiary means?


### Answer
**Beneficiary** is defined as the following in *26 U.S.C. § 457*:

> a beneficiary of the participant, his estate, or any other person whose interest in the plan is derived from the participant

#### Citation:
  - *26 U.S.C. § 457*
  - Heading: **Subtitle A-Income Taxes > CHAPTER 1-NORMAL TAXES AND SURTAXES > Subchapter E-Accounting Periods and Methods of Accounting > PART II-METHODS OF ACCOUNTING > Subpart B-Taxable Year for Which Items of Gross Income Included**

