Amending Plan to Add Health FSA during the Plan Year

[Guest Joe Vasko]

If an employer already sponsors a 125 Plan (calendar year) that currently offers Dependent Care FSA, and employees have already enrolled for the current plan year, can the employer amend the plan during the current year to allow for Health Care FSA with out effecting the election of the Dependent Care FSA?

Thanks,

Joe

[Joe Priselac]

Yes, They could add the health FSA.