"Federal law generally protects savings in workers' retirement plans when a company files for bankruptcy protection or goes out of business."
"Some former workers, who had invested in a guaranteed interest account that they believed was low risk, saw losses of about 10 percent related to the plan's termination."
"Even if your employer is stable, it's wise to spread your retirement savings among diverse investments to reduce the risk that a loss in one holding will have an outsize impact on your nest egg."
"It's unclear how widespread guaranteed investment accounts, like the one offered to Bed Bath & Beyond workers, are in company 401(k) plans because that label may be applied to different types of investments."
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