My husband retired from California state govt and gets a pension. Before he retired he bought 5 years of "air time" with checking account money too. Sorry it is not a pre-tax deduction now. But like I said above.....
The plan will keep track of it and when you start taking retirement it will be allocated. Part of it will come out tax free and not be taxable. It will be allocated and the non taxable amount will be in box 5 in your 1099R for it. Unless you bought it with pre-tax money like a Transfer from a Traditional IRA. ASK YOUR HR DEPT.
