- His disclosures, both from his final year in Congress and his time as Minnesota governor, also show no mutual funds, bonds, private equities, or other securities.
- No book deals or speaking fees or crypto or racehorse interests.
- Not even real estate. The couple sold their Mankato, Minnesota, home after moving into the governor’s mansion, for below the $315k asking price).
That’s insane.
Like, no 401k or Roth IRA? Dang. I’m fuckin hard.
He also retired from the Army, and likely has a pension from that too.
I’m shocked he doesn’t have an IRA (unless that doesn’t count). Given his previous jobs, it passes the smell test that he doesn’t have a 401k.
I’m sure his pensions are invested in a wide range of stocks and bonds, but he doesn’t directly hold them.
Military/feds have TSP, it’s essentially a 401k.
If he was 20+ years military reserve he’s got a lot in there. I think he started in 1981 tho. And I’m not 100% sure how long tsp has been happening
He did 20 some years in the reserves or guard.
That means he has tsp money, it’s the government 401k essentially.
I mean, he might not, but it’s incredibly rare not to have tsp especially after 20+ years of service.