Covid 19 401k withdrawals

[Grocery George]

Has anyone used the new rules for 401k withdrawals? Is it easy? How fast do you get your money? Do you have to fill out a bunch of paperwork?

 

[Hardlinesmaster]

Did you spend your stimulus check already? Did you file for unemployment?
Go to targetpayandbenefits.com for info on the 401k.

 

[Grocery George]

I didn’t mention stimulus check or unemployment. If you can’t be helpful then don’t answer

 

[JAShands]

I’m not sure what the rules are currently on withdrawing from your 401k, but would a loan suffice? I took one out a year ago and targetpayandbenefits.com had a lot of easy to use tools and calculators so I could see exactly what my payments would look like. My loan was direct deposited to my checking account in under a week.

 

[Grocery George]

Thanks

 

[Planosss]

Hi grocery george

 

[Grocery George]

Hi

 

[Hardlinesmaster]

I didn’t mention stimulus check or unemployment. If you can’t be helpful then don’t answer

If you are doing a 401k loan, then payment should be paid in about a week. For more info, go to targetpayandbenefits.com or ask your store hr.

We are not an offical target corp site.