Target 401k Login For Former Employee

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Target 401k Login For Former Employee

As a former Target employee, you likely still have funds in your 401(k) retirement savings plan. Fortunately, you can still manage your account even after you’ve moved on.

This article will guide you through the process of accessing your Target 401(k) login and explore your options for managing your retirement savings.

Logging In to Your Target 401(k)

Target partners with Alight Solutions to administer their 401(k) plan. To log in to your account, follow these steps:

  1. Visit the Alight Solutions website.
  2. Enter your username and password.
  3. If you’ve forgotten your login credentials, use the “Forgot User ID or Password” option to reset them.

New Users: If you are a former employee who never registered for online access, you can likely sign up as a new user on the Alight Solutions website. You may need some of your employment information to complete the registration process.

Managing Your Target 401(k) Savings

Once logged in, you can use Alight’s online tools to:

  • View your account balance and investment performance.
  • Change your investment allocations.
  • Request a rollover to a new employer’s 401(k) plan or an Individual Retirement Account (IRA).
  • Withdraw funds (Note: Early withdrawals may be subject to penalties and taxes).

Important Considerations: Leaving your 401(k) with Alight Solutions might be a convenient option, but it’s also wise to consider:

  • Investment options: Do Alight’s investment choices align with your financial goals and risk tolerance?
  • Fees: Are there any fees associated with maintaining your account at Alight?
  • Rollover opportunities: You might be able to consolidate your retirement savings into a new employer-sponsored plan or an IRA with potentially lower fees and more investment options.

Target Resources for Former Employees

For additional information about your Target 401(k) as a former employee, you can consult the following resources:

  • Target Team Member Services Hub

Remember: When making decisions about your retirement savings, it’s always a good idea to consult with a financial advisor.

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