3(21) vs. 3(38) Fiduciary: An ERISA Attorney Breaks it Down
ForUsAll
JUNE 6, 2019
What does it mean to be a fiduciary? How is a 3(38) fiduciary different from a 3(21)? And honestly, does my plan really need either one? What exactly is a fiduciary? This is a question a lot of plan sponsors are uncertain about. You can be a fiduciary for your plan without knowing it.
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