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What qualifies one as a fiduciary?

Fiduciary qualifies
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What qualifies one as a fiduciary?

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A fiduciary has discretionary authority over plan assets. The HR director who hires one provider and not another has exercised discretionary authority. Non-fiduciaries, on the other hand, perform “ministerial” duties; these non-fiduciaries follow established regulations and have no authority to deviate from those guidelines.

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