December 7th, 2011 3:12 am EST
What is the Salary of the US President?
How much money does the President of the United States make?
The President of the United States receives an annual salary of $400,000. The last raise that the US President received? That came in 2001, when the leader of the free world received a pay increase that took his salary from $200,000 to $400,000.
In addition to the $400k salary, the US President also receives the following on an annual basis:
-$50,000 non-taxable expense account
-$100,000 non-taxable travel account
-$19,000 for entertainment
Now, what about former Presidents? How much money do they receive on an annual basis from the government?
Let's start with the pension. All former US Presidents receive a taxable pension "that is equal to the annual rate of basic pay for the head of an executive department (Executive Level I)". That amount is currently $191,300.
Former US Presidents start receiving this pension immediately upon leaving office.
Other perks that former Presidents are entitled to:
-Secret Service protection
Former Presidents also are usually presented with a number of different lucrative money-making possibilities, including writing memoirs or giving speeches.