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Find my Target 401(k) plan

Target offers TARGET CORPORATION 401(K) PLAN through Alight. Their plan covers 328,591 employees.

Updated on Sept 27, 2024

Target 401(k) plan information

Target’s 401(k) provider
Plan Logo
Alight
Find my Target 401(k)
Plan name
TARGET CORPORATION 401(K) PLAN
Website
Phone number
Each plan has a company-specific phone number found through the Alight 401(k) login link
Fax number
Each plan has a company-specific fax number found through the Alight 401(k) login link
Hours of operation
Monday - Friday: 8am - 10pm EST
To log in and access your Target 401(k) plan online, visit the Alight website website and enter your username and password, or use the forgot login feature to reset your credentials. If you don't have login credentials, try registering as a new user.
If you have a 401(k) plan through Target at Alight you have a few options. You can leave it with Alight, roll it over into an individual retirement account (IRA), roll it over into a new 401(k), or withdraw the funds. Keep in mind that withdrawing before retirement age may incur taxes and penalties.

How to roll over your Target 401(k)

Rolling over your Target 401(k) into an IRA is a great way to keep track of your retirement savings and make sure you’re in control, not your former employer. There are three steps to rolling over a Target 401(k):

  1. Confirm a few key details about your Alight 401(k) plan
  2. Decide which IRA you want to move your Alight 401(k) to
  3. Initiate your rollover with Alight
  4. Get a check in the mail and deposit it into your new IRA account
  5. Make sure your funds are being invested properly

If you’re uncomfortable handling the rollover process on your own, Capitalize offers a seamless, online 401(k) rollover service to help you from start to finish.

Easily roll over your Target 401(k) plan

Our experts can help you easily find and move your 401(k)s into an IRA of your choice. Take control of your retirement.

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How to withdraw your Target 401(k)

Withdrawing, or cashing out, your Target 401(k) may provide liquidity, though it can come with significant tax implications and penalties, potentially hampering your retirement savings growth. If you have explored other options, like a 401(k) rollover or loan, and decided to withdraw, the process only involves a few steps: Determine how much of your Target 401(k) you’d like to cash out.

  1. Call or contact your Target 401(k) plan administrator.
  2. Request that your account be liquidated in the amount of your choosing.
  3. Have the administrator send the requested cash-out amount to via paper check or ACH transfer.
  4. Wait a few days to receive the money.

Remember, cashing out should typically be reserved for emergency circumstances. Capitalize can help you roll over your Target 401(k) instead, saving you from tax implications and penalties.

Target 401(k) plan details

Target offers TARGET CORPORATION 401(K) PLAN through Alight. Their plan covers 328,591 employees.

Target 401(k) company match policy

401(k) match offered:
Yes
401(k) match eligibility:
Everyone
401(k) match percentage:
100%
401(k) match salary %:
5%
Target
Target
With 1,926 stores (as of the end of fiscal 2021), Target is a leading American general merchandise retailer, offering a variety of products across several categories, including beauty and household essentials (26% of fiscal 2021 sales), food and beverage (19%), home furnishings and décor (19%), hardlines (18%), and apparel and accessories (17%). Most of Target’s stores are large, averaging more than 125,000 square feet. The company has a significant e-commerce presence, deriving around 19% of sales from digital channels (up from about 9% in fiscal 2019, before the pandemic). In addition to its namesake stores, Target owns Shipt, an online same-day delivery platform. After it exited Canada in 2015, virtually all of Target’s revenue is generated from the United States.
Industry
Discount Stores
Headquarters
7000 TARGET PARKWAY, BROOKLYN PARK, MN, 55445
Phone number
612-307-5037
Contact
MATTHEW LIEGEL
EIN
41-0215170

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Capitalize is not an investment adviser, financial adviser, broker or dealer. We do not make financial recommendations. We provide general educational information and tools to help users make informed financial decisions. Please see our full terms and conditions for more details. 401(k) rollovers may not be right for all situations. Please discuss with a legal or tax advisor. We do not provide legal or tax advice.

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