ERISA 3(21) and 3(38) Fiduciary Services for Retirement Plans: What’s the Difference?
Business owners have a lot of responsibilities. One of the most nebulous may be their fiduciary responsibility for the selection of investment options within their company’s qualified retirement plan. While the Employee Retirement Income Security Act of 1974 (ERISA) guidelines identify two different types of investment fiduciaries in sections 3(21) and 3(38), it is often […]
ERISA 3(21) and 3(38) Fiduciary Services for Retirement Plans: What’s the Difference? Read More »