Pre-tax vacation plan

[SLuskin]

I was always under the impression that if you bought or sold vacation days under a Cafeteria plan, that those days were bought or sold with after tax dollars. I have been given a plan document by a client that shows a BeneFlex plan saying that the vacation days are pretax.

Does anyone know about this?

[Don Levit]

I believe the Fringe Benefits publication of the IRS will answer your question.

Don Levit