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Presidential Historical Salary Range. The president gets a raise far less often than most workers. The presidential salary has only been changed five times from the initial salary. 1789: $25,000 ...
Although the current presidential salary is not too shabby at $400,000 a year, many former presidents make the bulk of their money after leaving the White House through speaking engagements, book...
The current salary for the president of the United States is $400,000, while the vice president earns an annual salary of $230,700. Learn More: I'm a Self-Made Millionaire: 5 Stocks You Shouldn't ...
In addition, many presidents—including Bill Clinton—have earned considerable income from public speaking after leaving office. [3] [4] Harry Truman was among the poorest U.S. presidents, with a net worth considerably less than $1 million. His financial situation contributed to the doubling of the presidential salary to $100,000 in 1949. [5]
Since 1789, the presidential salary has been adjusted five times. At first, it was listed at $25,000, which by modern standards is worth about $895,700 today, according to an inflation calculator .
The secretary of the treasury pays a taxable pension to the president. Former presidents receive a pension equal to the salary of a Cabinet secretary (Executive Level I); as of 2020, it was $219,200 per year [5] and since January 2022, $226,300. The pension begins immediately after a president's departure from office. [6]
As former President Donald Trump prepares to take office in 2025 to serve his second term in the Oval Office, questions surrounding his salary for the role are recurrent. Read Next: How...
The current presidential salary is not too shabby at $400,000 a year -- and for commanders in chief, retirement comes with a six-figure pension. For most presidents, the real money comes after they...