Archived CVS Pharmacy @ Target

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I got the lovely CVS/caremark prescription card in the mail today. I'm already worried about it. It just reeks of higher prices. Thinking about transferring prescriptions to a different pharmacy. I fucking hate high blood pressure. I bet my blood pressure would be normal if I wasn't at the shithole that is Target. Crossing fingers that I get a call back from an interview I had this week. So ready to leave this dump.
 
Jackswastedlife99 said:
I got the lovely CVS/caremark prescription card in the mail today. I'm already worried about it. It just reeks of higher prices. Thinking about transferring prescriptions to a different pharmacy. I fucking hate high blood pressure. I bet my blood pressure would be normal if I wasn't at the shithole that is Target. Crossing fingers that I get a call back from an interview I had this week. So ready to leave this dump.
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You might want to start walking the morning to relief the stress & eat breakfast, is suggested.
 
I heard forgive me if it's already been mentioned that the target bottles are going away ( I thought they were staying) someone told me they were at another target that has a CVS and they didn't have the Target bottles.
 
I'm guessing that they'll use the Target bottles until they run out of them or as soon as they become all official looking as CVS.
 
Once each pharmacy goes through the CVS software & hardware transition, they will have the CVS amber bottles. It is part of their live date transition. CVS bought the patent on those bottles, so maybe they will use them in the future, but the Target bottles are not currently compatible with the CVS labeling system.
 
RXninja said:
Once each pharmacy goes through the CVS software & hardware transition, they will have the CVS amber bottles. It is part of their live date transition. CVS bought the patent on those bottles, so maybe they will use them in the future, but the Target bottles are not currently compatible with the CVS labeling system.
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Argh!!!!!! It is why I started filling at target!!!! I love the color coding bottles, and shape. I also noticed my scripts getting more expensive !! I am sooooo disappointed🙁 bad move target!! As much as I hate to say it, I may take my business to Walmart. Sad me.
 
Signduck said:
Argh!!!!!! It is why I started filling at target!!!! I love the color coding bottles, and shape. I also noticed my scripts getting more expensive !! I am sooooo disappointed🙁 bad move target!! As much as I hate to say it, I may take my business to Walmart. Sad me.
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Yeah I noticed the listed retail price of my RX is $20 more under CVS than Target. Insurance is still the same although that might change April 1st
 
Did anyone get their pension balance paid out? Last I recall is that they will send us a check but I never really got the check and I know there are some strict IRS rules with respect to rolling over the pension into a 401K or other tax deferred plan.
 
MSerforfun said:
Did anyone get their pension balance paid out? Last I recall is that they will send us a check but I never really got the check and I know there are some strict IRS rules with respect to rolling over the pension into a 401K or other tax deferred plan.
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I had to go online to targetpayandbenefits.com and request a payout. I opted for direct deposit over a check. They sent me an email a couple of days later saying that my pension would be paid out on March 7. My deposit showed up on March 9. My pension was taxed at the normal rate for the amount that it was, no tax penalty.
 
MSerforfun said:
Did anyone get their pension balance paid out? Last I recall is that they will send us a check but I never really got the check and I know there are some strict IRS rules with respect to rolling over the pension into a 401K or other tax deferred plan.
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I rolled mine over into another plan I have, so no penalty.
Panda13 said:
Yeah I noticed the listed retail price of my RX is $20 more under CVS than Target. Insurance is still the same although that might change April 1st
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I heard your insurance changed....y'all have Caremark now, which explains the increase in price.
 
Signduck said:
Argh!!!!!! It is why I started filling at target!!!! I love the color coding bottles, and shape. I also noticed my scripts getting more expensive !! I am sooooo disappointed🙁 bad move target!! As much as I hate to say it, I may take my business to Walmart. Sad me.
Click to expand...
If you have insurance through Target, it may be even more expensive at Walmart. You may want to check on it first...
 
I am pretty sure I am missing something. I do not want to cash out the pension and instead I want to roll it over to my CVS 401K plan. I know that's allowable under IRS rules but I am not sure how that can be done. What's odd is that, although they said the pension funds will be disbursed to the former team member, the funds are still sitting in my pension account. Did everyone get their pension funds wired out to a regular bank account or did you keep it with Target?
 
Wut PharmaQueen said.
I also rolled mine over when I left Target.
You just have to provide name of the financial institution & the routing number of the account, including any suffix digits.
 
Thanks for the information about the pension. For some reason, I do not see the "roll over" option on targetpayandbenefits.com. It may have
been removed since many of the options were removed now that we are considered to be "former" Target employees. I will call them on Monday.

On a side note, I noticed that on December 31, 2015, Target processed ONE paycheck on behalf of CVS. I, therefore, received a W-2 from CVS (not Target). I luckily saved the 12/31/15 paycheck stub in PDF format and when I compared the tax withholdings that were taken out of my check to the CVS W-2, the taxes reported on the CVS W-2 were understated. For example, the stub shows $200 in Federal Withholdings but the W-2 showed $50. Income tax withholdings work like a prepayment of taxes so essentially, I lost $150.

While this not a lot of money, I have been haggling with CVS to correct the W-2. They now refuse to make the correction stating the following reasons: "The W-2 tax withholding are correct" with no further explanation as to how the numbers tie. That's not true (my husband is a CPA). We contacted the IRS via this link and I urge everyone to do the same:

W-2 - Additional, Incorrect, Lost, Non-receipt, Omitted

Ask for a copy of the paystub as of December 31, 2015 that was labeled as CVS and compare it to the CVS W2. I predict that the 2016 W2 will be incorrect as well since Target processed payroll on behalf of CVS all the way through January 31, 2016.
 
Sure hope that you get everything all straightened out.....glad to see that you've now put out the info for the other pharmacists to check their stuff.
Believe me, as a cashier $150 is a lot of money!
 
MSerforfun said:
Thanks for the information about the pension. For some reason, I do not see the "roll over" option on targetpayandbenefits.com. It may have
been removed since many of the options were removed now that we are considered to be "former" Target employees. I will call them on Monday.

On a side note, I noticed that on December 31, 2015, Target processed ONE paycheck on behalf of CVS. I, therefore, received a W-2 from CVS (not Target). I luckily saved the 12/31/15 paycheck stub in PDF format and when I compared the tax withholdings that were taken out of my check to the CVS W-2, the taxes reported on the CVS W-2 were understated. For example, the stub shows $200 in Federal Withholdings but the W-2 showed $50. Income tax withholdings work like a prepayment of taxes so essentially, I lost $150.

While this not a lot of money, I have been haggling with CVS to correct the W-2. They now refuse to make the correction stating the following reasons: "The W-2 tax withholding are correct" with no further explanation as to how the numbers tie. That's not true (my husband is a CPA). We contacted the IRS via this link and I urge everyone to do the same:

W-2 - Additional, Incorrect, Lost, Non-receipt, Omitted

Ask for a copy of the paystub as of December 31, 2015 that was labeled as CVS and compare it to the CVS W2. I predict that the 2016 W2 will be incorrect as well since Target processed payroll on behalf of CVS all the way through January 31, 2016.
Click to expand...
There is no roll over option. You take it as a disbursement, but to a qualified plan. You enter in the new account info when it asks where you want the check sent. They will send it directly to the new plan.
 
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