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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 ...
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 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]
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...
Here’s how that $400,000 annual salary breaks down: Total salary of a four-year term as president: $1.6 million. Monthly salary of the president: $33,333.33. Weekly salary of the president ...