How To Check My Target 401k

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The Target 401(k) plan is a valuable resource for Target Corporation employees. It allows team members to save for retirement by contributing a portion of their salary, which then grows over time through investments. In this article, we will cover everything you need to know about accessing, managing, and growing your Target 401(k).


To check your Target 401(k), visit the Alight Solutions website and log in using your username and password. Once logged in, you can view your account balance and manage your investment options. You can also check your Target 401(k) by visiting or by calling the Target Benefits Center at 800-828-5850.

What is a Target 401k?

The Target 401(k) is a retirement savings plan offered by Target Corporation. It allows employees to contribute a portion of their salary, which is then invested in a variety of assets. Regularly reviewing and managing your 401(k) is crucial because it ensures your investments align with your financial goals and are properly diversified to minimize risk. By actively managing your account and rebalancing when necessary, you can make adjustments to your investment strategy based on changes in your financial situation, market conditions, or personal goals.

Accessing Your Target 401k Account

To access your Target 401(k) account, visit the Alight Solutions website. This is where the TARGET CORPORATION 401(K) plan is managed, covering over 328,000 employees. Use your username and password to log in. If you have forgotten your login information, select the forgot login option to reset your details. You can also get more information about your Target 401(k) plan by visiting or calling the Target Benefits Center at 800-828-5850.

Checking Your Target 401k Account Balance

To check your account balance, log in to your account on the Alight Solutions website. Once logged in, you can view your account balance and manage your investment options. If you need assistance, the Target Benefits Center can help.

Reviewing Your Investment Performance

To review your Target 401(k) investment performance, log in to your account on the Target Pay & Benefits website. Once logged in, navigate to your 401(k) account details. Here, you can review your investment performance, including the performance of individual funds and your overall portfolio. Remember, it’s essential to periodically review your investment options and make adjustments as needed to align with your financial goals and risk tolerance.

Updating Your Contribution Rate

To update your Target 401(k) contribution rate, log in to your account on the Target Pay & Benefits website. Once logged in, navigate to the “Savings & Retirement” tab. Select “Investments” from the TGT 401(k) menu and click on “Change Investments.” Follow the instructions on the website to update your contribution rate. If you need help, call the Target Benefits Center.

Managing and Tracking Your 401(k)

Target provides tools and resources to help manage and track your 401(k) on the Target Pay & Benefits website. This includes information about your 401(k) plan, personalized pay, benefits, and total well-being information.

Handling Issues or Concerns

If you have any issues or concerns related to your Target 401k account, visit the Target Pay and Benefits website or contact the Target Benefits Center. Representatives are available from 9 a.m. to 7 p.m. Central time, Monday through Friday.

Growing Your Target 401k

There are several strategies for managing and growing your Target 401(k):

  1. Understand your investment options
  2. Contribute enough to maximize your employer’s match
  3. Diversify your investments
  4. Monitor performance and rebalance when necessary
  5. Be mindful of fees
  6. Consider using target-date funds
  7. Maximize your contributions
  8. Utilize available tools and resources
  9. Stay informed about your plan
  10. Seek professional advice if needed

By following these strategies, you can effectively manage and grow your Target 401(k).

Benefits of a Target 401k

The Target 401(k) plan offers several benefits, including employer matching, a comprehensive plan, a large employee base, access to resources, and legal compliance. It is a valuable benefit for employees, offering a comprehensive retirement savings option with employer matching and access to resources to help plan for their financial future.

By understanding how to check and manage your Target 401(k), you can ensure that your retirement savings align with your long-term financial goals. Regularly review your account, make necessary adjustments, and utilize the resources available to you to make the most of your Target 401(k) plan.

Frequently Asked Questions

What is a 401(k) plan?

A 401(k) plan is a retirement savings plan sponsored by an employer. It lets workers save and invest a piece of their paycheck before taxes are taken out. Taxes aren’t paid until the money is withdrawn from the account.

Can I withdraw money from my Target 401(k) before retirement?

Yes, but it is generally not recommended because of the potential tax penalties and the negative impact on your long-term savings. If you do need to withdraw early, you should contact the Target Benefits Center for more information on the process and potential penalties.

What is employer matching?

Employer matching means that your employer contributes the same amount of money to your 401(k) that you do, up to a certain limit. This is essentially free money that can significantly boost your retirement savings.

What are target-date funds?

Target-date funds are a type of investment fund that automatically adjusts the mix of stocks, bonds, and other assets based on a selected retirement date. As the target date approaches, the fund gradually shifts towards more conservative investments to protect the savings that have been built up.

How often should I review my Target 401(k) investments?

It’s recommended to review your 401(k) investments at least once a year. However, if there are significant changes in your financial situation, market conditions, or personal goals, you may want to review more frequently.

What happens to my Target 401(k) if I leave the company?

If you leave Target, you have several options for your 401(k) including leaving the money in the plan, rolling it over into a new employer’s plan or into an individual retirement account (IRA), or cashing out the account (which may result in tax penalties).

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