Passage
Jehovah redeemeth the soul of his servants; and none of them that trust in him shall bear guilt.
Jehovah redeemeth the soul of his servants; and none of them that trust in him shall bear guilt.
Psalms 34:20 He keepeth all his bones; not one of them is broken.
Psalms 34:21 Evil shall destroy the wicked; and they that hate the righteous shall bear their guilt.
Psalms 34:22 Jehovah redeemeth the soul of his servants; and none of them that trust in him shall bear guilt.
The verse centers on "jehovah", "redeemeth", "soul", "servants", "none", "trust", "shall", and "bear". It is saying that the verse draws attention to "jehovah" and "redeemeth", so its meaning should be read from those terms before moving to application.
The prior verse says "Evil shall destroy the wicked and they...", giving immediate footing for "jehovah" and "redeemeth". In Psalms context, the local focus is worship, trust, the LORD's kingship, and covenant mercy.
A plain takeaway is to answer the verse's own emphasis on "jehovah" and "redeemeth" with trust shaped by these words, not by a vague optimism outside the passage.