Post-Effective Amendment to Post-Effective Amendment by Investment Company (Form 485BXT)

As filed with the U.S. Securities and Exchange Commission on February 18, 2026

Securities Act File No. 333-117134

Investment Company Act File No. 811-21598

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM N-1A

REGISTRATION STATEMENT

UNDER

		THE SECURITIES ACT OF 1933		☒
		Pre-Effective Amendment No.		☐
		Post-Effective Amendment No. 68		☒

and/or

REGISTRATION STATEMENT

UNDER

		THE INVESTMENT COMPANY ACT OF 1940		☒

Amendment No. 69

PUTNAM TARGET DATE FUNDS*

(Exact Name of Registrant as Specified in Charter)

100 Federal Street

Boston, MA 02110

(Address of Principal Executive Offices) (Zip Code)

Registrant's telephone number, including area code: (617) 292-1000

Name and address of agent for service:		Copy to:
Alison E. Baur, Vice President		Bryan Chegwidden, Esq.		James E. Thomas, Esq.
Putnam Target Date Funds		Ropes & Gray LLP		Ropes & Gray LLP
100 Federal Street		1211 Avenue of the Americas		800 Boylston Street
Boston, Massachusetts 02110		New York, New York 10036		Boston, Massachusetts 02199

Continuous

(Approximate Date of Proposed Offering)

It is proposed that this filing will become effective:

☐

immediately upon filing pursuant to paragraph (b)

☒

on February 27, 2026 pursuant to paragraph (b)

☐

60 days after filing pursuant to paragraph (a)(1)

☐

on ______________ pursuant to paragraph (a)(1)

☐

75 days after filing pursuant to paragraph (a)(2)

☐

on ______________ pursuant to paragraph (a)(2) of Rule 485.

If appropriate, check the following box:

☒

This post-effective amendment designates a new effective date for a previously filed post-effective amendment.

*

This filing relates solely to Putnam Retirement Advantage Plus 2030 Fund, Putnam Retirement Advantage Plus 2035 Fund, Putnam Retirement Advantage Plus 2040 Fund, Putnam Retirement Advantage Plus 2045 Fund, Putnam Retirement Advantage Plus 2050 Fund, Putnam Retirement Advantage Plus 2055 Fund, Putnam Retirement Advantage Plus 2060 Fund, Putnam Retirement Advantage Plus 2065 Fund, Putnam Retirement Advantage Plus 2070 Fund and Putnam Retirement Advantage Plus Maturity Fund. Information contained in the Registrant's Registration Statement relating to any other series of the Registrant is neither amended nor superseded hereby.

PART A, PART B AND PART C

Pursuant to Rule 485(b)(1)(iii) of the Securities Act of 1933, this Post-Effective Amendment No. 68 to the Registration Statement, relating only to Putnam Retirement Advantage Plus 2030 Fund, Putnam Retirement Advantage Plus 2035 Fund, Putnam Retirement Advantage Plus 2040 Fund, Putnam Retirement Advantage Plus 2045 Fund, Putnam Retirement Advantage Plus 2050 Fund, Putnam Retirement Advantage Plus 2055 Fund, Putnam Retirement Advantage Plus 2060 Fund, Putnam Retirement Advantage Plus 2065 Fund, Putnam Retirement Advantage Plus 2070 Fund and Putnam Retirement Advantage Plus Maturity Fund, each a series of the Registrant (the "Funds"), is being filed for the sole purpose of designating February 27, 2026 as the new date upon which Post-Effective Amendment No. 66, as filed on December 22, 2025 (Accession No. 0001193125-25-328931), ("PEA 66") shall become effective.

Accordingly, the Part A - Prospectus, Part B - Statement of Additional Information and Part C of the Funds, as filed in PEA 66, are incorporated herein by reference in their entirety into this filing.

SIGNATURE

Pursuant to the requirements of the Securities Act of 1933, and the Investment Company Act of 1940, the Registrant certifies that it meets all of the requirements for effectiveness of this Registration Statement pursuant to Rule 485(b) under the Securities Act of 1933, and has duly caused the Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized in the City of Boston, and The Commonwealth of Massachusetts, on the 18th day of February, 2026.

PUTNAM TARGET DATE FUNDS
(Registrant)
				By:		/s/ JONATHAN S. HORWITZ
						Jonathan S. Horwitz Executive Vice President, Principal Executive Officer and Compliance Liaison

Pursuant to the requirements of the Securities Act of 1933, as amended, this Registration Statement has been signed below by the following persons in the capacities and on the dates indicated:

Signature		Title		Date
BARBARA M. BAUMANN*		Chair, Board of Trustees		February 18, 2026
Barbara M. Baumann
ROBERT L. REYNOLDS*		President and Trustee		February 18, 2026
Robert L. Reynolds
JONATHAN S. HORWITZ*		Executive Vice President, Principal Executive Officer and Compliance Liaison		February 18, 2026
Jonathan S. Horwitz
MICHAEL J. HIGGINS*		Vice President, Treasurer and Clerk		February 18, 2026
Michael J. Higgins
JEFFREY W. WHITE* Jeffrey W. White		Vice President, Principal Financial Officer, Principal Accounting Officer and Assistant Treasurer		February 18, 2026
LIAQUAT AHAMED*		Trustee		February 18, 2026
Liaquat Ahamed
KATINKA DOMOTORFFY*		Trustee		February 18, 2026
Katinka Domotorffy
CATHARINE BOND HILL*		Trustee		February 18, 2026
Catharine Bond Hill
GREGORY G. MCGREEVEY*		Trustee		February 18, 2026
Gregory G. McGreevey
JENNIFER WILLIAMS MURPHY*		Trustee		February 18, 2026
Jennifer Williams Murphy
MARIE PILLAI*		Trustee		February 18, 2026
Marie Pillai

GEORGE PUTNAM III*		Trustee		February 18, 2026
George Putnam III
MANOJ P. SINGH*		Trustee		February 18, 2026
Manoj P. Singh
MONA K. SUTPHEN*		Trustee		February 18, 2026
Mona K. Sutphen
JANE E. TRUST*		Trustee		February 18, 2026
Jane E. Trust

*By:		/s/ JONATHAN S. HORWITZ
Jonathan S. Horwitz, Attorney-in-Fact    (Pursuant to Power of Attorney previously filed)