[kristianp]

Unless you work for Enron, where the retirement fund went down with the company.

[jpadkins]

401k's are independent of the company. The account is in your name, not the companies.

[kristianp]

My bad, I think the problem with the Enron 401k was that employees were encouraged to buy more Enron stock in them: https://abcnews.go.com/Business/story?id=87516&page=1