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Shelton, WA

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  • Vice-President Of The Shelton School Board Resigns

    carnahanA special meeting of the Shelton School district was held Wednesday night and the agenda consisted of a discussion of the school board, followed by an executive session. Board President Brenda Hirshi reminded those in attendance the session was a "Special… Read More +

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  • Trial For Teen Accused Of Killing Bremerton Girl

    gavel2Kitsap County prosecutors expect the trial to proceed for a 17-year-old boy accused of killing a 6-year-old Bremerton girl. Senior Deputy Prosecutor Kelly Montgomery said Wednesday that lawyers for Gabriel Gaeta are expected to agree he is competent to stand trial.… Read More +

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  • Baldwin Optimistic About Seahawks Moving Forward

    baldwinDoug Baldwin was about to board the charter bus last Friday when he got word Seattle had traded Percy Harvin. Two days later, he sat in a St. Louis locker room after one of the best games in his career answering questions about whether he was involved in a preseason scuffle with Harvin. Baldwin and the Seahawks are ready to put the Harvin conversation in the past.

    Read More
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Top CEO Rails Against 401(k) Programs

b_250_0_16777215_00_images_obgrabber_2013-11_28cd228107.jpgiStock/Thinkstock (NEW YORK) -- More than 50 million Americans have 401(k) retirement plans. That's the good news, according to Charles Schwab Chief Executive Walter Bettinger. The bad news is that the median 401(k) balance is barely over $40,000, hardly enough to retire on. Bettinger told the National Press Club Monday that he's angry with the 401(k) system making it too expensive for Americans to save money for their golden years.

 

Not only should overall fees be lowered to make building a 401(k) plan more affordable, but Bettinger says that 401(k) programs should also go the extra mile and provide people with a money manager.

The CEO explained, "Research we've done on plans at Schwab show that employees working with an independent professional double their savings rates and set up a far superior investment allocation."

Copyright 2013 ABC News Radio

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GET529Plan - "One way we can help increase the number of college graduates in our country is to help people save" #waedu ow.ly/D7WGM

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wsdot_tacoma - Cleared: Collision on I-5 NB near Dupont at mp 118

3 hours ago

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wsdot_tacoma - Collision on I-5 NB near Dupont at mp 118. The left lane is blocked.

3 hours ago

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wsdot_tacoma - We're clear to the shoulder on the SB I-5 exit to NB US 101 in Olympia.

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