President Obama Creates Retirement Plan
BALDWIN: We have live pictures out of New Jersey. This is the Royal Caribbean's "Explorer of the Seas" and we have another cruise ship story for you today. This time this is a cruise ship that had to turn around a number of days into the vacation for 3,000 people because of what they believe is the norovirus. We have a crew standing by on this dock, standing to talk to a number of the passengers who are just incredibly frustrated. Elizabeth Cohen is standing by as well. So we will tell you that story in just a minute. Now to this -- President Obama is not waiting to act on the agenda laid out in his state of the union address from last night. He just signed a presidential memorandum directing Treasury Secretary Jack Lew to allow workers to start their own retirement savings accounts. He is calling it "My RA." He talked about this last night in the speech during his state of the union. The president said it's the new savings bond. President Obama said the plan would guarantee a decent return with no risk and the White House says the money earned will be tax-free. Quick break, back after this.