Target 401(k) at a glance
| Employer match | Target matches 100% of what you contribute, up to 5% of eligible pay. |
|---|---|
| Maximum match | 5% of pay |
| Contribution needed for full match | 5% of pay |
| Vesting | ImmediateThe company match vests immediately. |
| Eligibility | Target lists the 401(k) among benefits available from a team member's first day. Some older secondary sources cite age 18 and 90 days of service. |
| Who this applies to | Eligible US team members |
How much is the Target match worth?
If you contribute 5% of your pay, Target adds the full match. Here is what that means at different salaries, per year, before investment growth:
| Salary | You contribute (5%) | Target match |
|---|---|---|
| $40,000 | $2,000 | $2,000 |
| $60,000 | $3,000 | $3,000 |
| $90,000 | $4,500 | $4,500 |
| $150,000 | $7,500 | $7,500 |
Illustration based on the plan terms above. Your actual match depends on eligible pay, timing and plan rules.
Other Target retirement benefits
- Retiree discount for team members who meet service requirements
How to make the most of your Target 401(k)
- Always get the full match. Contribute at least 5% of pay. It is an instant return you cannot get anywhere else.
- Check your vesting date before you change jobs, so you do not leave unvested money behind.
- Pre-tax or Roth? If you expect a higher tax rate in retirement, Roth contributions can pay off. Model it with our Roth conversion calculator.
- Watch fees and prefer low-cost index or target-date funds in the plan lineup.
- Plan the whole picture: see how your state taxes retirement income before you decide where to retire.
Frequently asked questions
Does Target match 401(k) contributions?
Target matches 100% of what you contribute, up to 5% of eligible pay.
When does the Target 401(k) match vest?
The company match vests immediately.
When can I join the Target 401(k)?
Target lists the 401(k) among benefits available from a team member's first day. Some older secondary sources cite age 18 and 90 days of service.
How much should I contribute to get the full Target match?
Contribute at least 5% of your pay. Anything less leaves part of the match unclaimed.
Sources (last verified 2025-12)
- Pay and Benefits at Target (fact sheet) — Target Corporation (2025-12)
- Target's 401(k) Review: 100% Match on 5% with Immediate Vesting — MyPlanIQ (2026-06-15)
Educational content only, not tax, legal or investment advice. Plans and tax laws change; confirm details with your employer's plan documents or your state revenue department. Smart Financial Lifestyle is not affiliated with any employer named on this site.