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My company gives PTO (paid time off) in a lump sum to be used however you wish. Sick days, vacation days, personal days, they all fall under the same lump sum. You can rollover up to one year of PTO into the next year and it is based on your official hire date. For example I get 120 hours a year of PTO and I was hired on August 10. Right now I have accrued about 110 hours of PTO. If I don't take a single day off between now and August 10 I will have about 165 hours of PTO accrued. On August 10 only 120 hours of that would carry over into the next year and I would lose about 45 hours. So needless to say I will be taking at least 6 days off between now and then.
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