I have an extremely rare opportunity with the company that I work for. They actually allow employees to cash out their PTO. You only need to meet the following criteria to do so:
- Must have 60 hours PTO remaining after cash out.
- Must have taken a least 40 hours PTO in past 365 days.
- Max cash out of 120 hours.
So I cashed out 110 hours and will have 60 remaining. This will help out tremendously with some of our newly-accrued debt from buying our home.
We should be picking up keys for the home today. 
Cashed Out PTO
January 13th, 2014 at 04:38 pm
January 13th, 2014 at 07:59 pm 1389643153
January 13th, 2014 at 10:58 pm 1389653908
January 14th, 2014 at 01:01 pm 1389704515
I wish I could do the same as I'd be able to cash out 475 hours using the criteria above! I requested to cash out 70 hours of vacation time this past year, but the request got denied due to financial state of the municipality, so I rolled it over into 2014. Eh, ...hey, thankful to have a job these days, just more time when I cash out at retirement!
Now that I think about it, I know mine would be taxed and considered income, and I assume yours would be too(?), so keep that in mind for your tax liability for 2014 taxes. You don't want a surprise next year if you are like me and try to owe zero or owe just a couple hundred.