Taco Bell 401(k)

Saving for retirement is a priority for many employees, and Taco Bell offers a robust 401(k) plan to help its employees save for retirement. Whether you are a current employee looking to maximize your retirement savings or a new hire looking for information about the company's 401(k) plan, this guide takes an in-depth look at Taco Bell's 401(k) plan.

Employees can participate in the Taco Bell 401(k) plan upon attaining age 18 and completing 60 days of continuous service. Once enrolled, plan participants can contribute up to 75% of their eligible pay, subject to the annual IRS contribution limit. Taco Bell also matches employee contributions dollar-for-dollar up to 6% of eligible pay that they defer. The employee contributions and employer matching contributions are immediately 100% vested.

Taco Bell 401k provider

Taco Bell 401(k) plan is with Fidelity Investments, one of the largest financial services companies in the United States. As of 2024, Fidelity managed $5.8 trillion in assets and had $15 trillion in assets under administration, making it one of the largest asset managers in the United States. Fidelity offers Taco Bell employees a user-friendly platform to help them manage their retirement funds, track contributions, and choose investment options.

Taco Bell 401k login

Taco Bell employees who are enrolled in the company-sponsored 401(k) plan can access their 401(k) accounts through the Fidelity website. To log in, a participant must enter their username and password. Once logged in, you can check your 401(k) balance, adjust contributions, update investment options, or request a statement. If you have trouble accessing your account, Fidelity provides account recovery options to help reset your login credentials.

Taco Bell 401k match

One of the benefits that Taco Bell employees get is the company 401(k) match. The company offers a dollar-for-dollar match on the first 6% of an employee’s eligible pay that they contribute. Eligible employees are 100% immediately vested in the employer matching contributions, and they get to keep both their contributions and the employer match when they leave Taco Bell.

Taco Bell 401k customer service

For any assistance with your 401(k) plan, you can contact Fidelity customer service at 800-835-5095, anytime from Monday to Friday 8.30 am to 12.00 am EST. There are no weekend hours.

Taco Bell 401k loan

If you want to tap into your 401(k) retirement savings, Taco Bell allows enrolled employees to borrow up to 50% of their vested account balance, subject to certain restrictions. The loan repayment period ranges from 1 to 4 years but can be longer if you are borrowing to purchase or build your principal residence. However, before taking a 401(k) loan, you should consider other alternative sources of funds like your personal savings.

Taco Bell 401k after termination

Once you leave Taco Bell, you will have several options with your 401(k) plan. You can choose to leave the money with Fidelity, but you won’t be able to make new contributions to the plan. You can choose to roll it over either to your new employer’s 401(k) plan or to an IRA. You can also choose to cash out your 401(k), but this may result in taxes and additional penalties if you are younger than 59 ½.

Taco Bell 401k withdrawal

You will be able to withdraw funds from your 401(k) plan once you reach age 59 ½ penalty-free. However, if you are not yet 59 ½, you may be allowed to take an early 401(k) withdrawal to meet an immediate and heavy financial hardship such as preventing an eviction or foreclosure. Once you reach age 73, you must begin taking required minimum distributions (RMDs) based on your life expectancy.

Taco Bell 401k early withdrawal

Generally, 401(k) withdrawals are allowed starting from age 59 ½. However, there are provisions for early withdrawals if you are below age 59 ½. If you are facing an immediate and heavy financial need, such as paying for medical expenses, preventing eviction or foreclosure, roof repair, or funeral expenses. Early withdrawals are subject to income taxes and a 10% early withdrawal penalty on the amount withdrawn unless exceptions apply.

Taco Bell 401k rollover form

If you want to roll over your Taco Bell 401(k) funds into another retirement plan such as a 401(k) or IRA, you must complete a rollover form. You can obtain the rollover form by logging into your 401(k) account on the Fidelity website or calling customer service at 800-835-5095. You will be required to fill out the rollover form accurately and submit it to the plan provider. Generally, rollovers take 3 to 10 days to complete.

Taco Bell 401k account number

Every Taco Bell 401(k) participant has a unique 401(k) account number assigned by Fidelity. You can find your 401(k) account number by logging into your 401(k) account on the Fidelity website and navigating to the account dashboard. You can also find your 401(k) account number by checking your quarterly 401(k) statement or by calling Fidelity customer service for assistance.

Taco Bell 401k phone number

If you need help with your Taco Bell 401(k) account, you can contact Fidelity customer service at 800-835-5095 Monday to Friday 8.30 am to 12.00 am EST. If you have queries about your benefits, you can also contact the plan administrator at 707-462-1147.

Taco Bell 401k administrator

The plan administrator for the Taco Bell 401(k) plan is Katherine Burris. If you need direct help with your benefits, you can contact the plan administrator at 707-462-1147 or by writing to the following address: 1199 N State St, Ukiah, CA 95482.

Taco Bell 401k eligibility

New hires must be at least 18 years old and have completed 60 days of service to be eligible to participate in the Taco Bell 401(k) plan. Employees can contribute up to 75% of their eligible pay, up to the annual IRS contribution limits. For 2025, 401(k) participants can contribute up to $23,500, or $31,000 if they are age 50 and older.

Taco Bell 401k vesting

Taco Bell employees are 100% immediately vested in their contributions to the 401(k) plan. Also, the company offers 100% immediate vesting on the employer matching contributions. So, if you leave Taco Bell at any time, you get to take all of the retirement money with you.

Taco Bell 401k app

Taco Bell employees can use the Fidelity NetBenefits app to manage their 401(k) funds. The app is available for both iOS and Android devices and can be downloaded from the App Store and Google Play Store. You can use the app to view your account balances, adjust investment allocations, request withdrawals, and track your retirement goals.

Taco Bell 401k summary plan description

The summary plan description outlines the rules and requirements of Taco Bell's 401(k) plan. It highlights the plan’s eligibility requirements, contribution limits, employer match, investment options, withdrawal rules, vesting schedule, and more. You can request a copy of the summary plan description by logging into your 401(k) account on the Fidelity website or by requesting a physical copy from Taco Bell’s benefits department.