A better question is, what will you do when the .GOV seizes all private 401k assetts outright and sticks you with worthless IOUs in a new Social Security-type ponzi scheme?
Bonds essentially have no meaning or illusion of security anymore, as the federal government has now demonstrated the will and ability to completely ignore the rule of law and simply ignore the legitimate claims of senior bondholders.
I shut off inputs to my 401k months ago to prevent further loss, and I'm expecting to lose the entire balance, which I'm unable to yank so long as I'm still employed.
Even a whiff of that nonsense would crash the equity markets here and likely all over the world given the funds that invest in US companies. There would be nothing of any value for them to seize.
I've thought about that, but hesitate to stop contributions that are matched by my company. I hate to leave that free money on the table. You might see if your company plan has a loan option where you can borrow against your 401K balance and the repayments are deducted from your paycheck over a period of time. Our limit is $50K paid back over 54 months, or 10 years if related to purchasing a house. I'm seriously thinking of borrowing the max to at least get my hands on that part of my money, before the Federal government has a chance to confiscate it.
Actually you can pull it out and pay taxes and penalties which average about 50%. Better 1/2 than none. For the record I am not advocating this.