Sunday, June 19, 2011

Rubio, Nelson disclose personal finances

Democrat Nelson shows $42,454 in retirement income from his years in state government and an array of money market accounts, IRA and profit-sharing plans.

Nelson’s largest asset is a SunTrust money market account with a value of $250,001 to $500,000 (the Senate only requires broad reporting ranges). Two other SunTrust accounts are worth between $50,001 and $100,000.

Nelson owns two plots of undeveloped land in Brevard County, one worth at least $1 million and the other at least $100,001. He reported no liabilities.

Republican Rubio reported a $220,000 salary from Marco Rubio P.A.. and $13,521 from his part-time teaching position at Florida International University.

Rubio listed stock in Terremark Worldwide, a technology company, worth $1,001 to $15,000, as well as Citibank checking and savings accounts and prepaid college plans for his children. He has a 401(k) with ABA Retirement Funds valued at $50,001 to $100,000.

He also lists a rental home in Tallahassee, valued at between $100,001 and $250,000, which brought in at least $1,001 in income in 2010.

Rubio has student loan debt held by Sallie Mae of at least $100,001, and a GMAC mortgage on rental property listed at between $100,001 and $250,000.

Nelson and Rubio earn $174,000 as senators, which is not listed on the reports. Their personal residences are also not listed, nor are mortgages on those homes or vehicles.

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