Must employers disclose LSD option to departing plan participants?

[Guest KOlsen]

If a qualified plan offers a LSD, isn't there some disclosure requirement to tell departing employees they have that option? (Ignore that in the real world there's probably no 'er motivation to "hide" the LSD option. This is theoretical.) Thanks.

[Guest Chuck Miller]

In a word yes...all options must be disclosed... even ones you're "seriously" considering...