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17 financial perks of being the president of the United States

Myelle Lansat   

17 financial perks of being the president of the United States
Finance1 min read

donald melania trump air force one texas harvey

AP Photo/Evan Vucci

President Donald Trump and First Lady Melania Trump have unlimited access to Air Force One.

  • The prestigious title of president of the United States comes with benefits and perks that are just as luxurious.
  • US presidents earn a $400,000 salary while in office, but that's not the only financial perk.
  • Presidents also have access to a country home, a personal plane, a helicopter, and a post-presidency pension.

Besides having the most prestigious title in the United States, presidents have several perks that lift a financial burden off their shoulders.

US law requires the president of the United States to be paid a salary while in office. According to Title 3 of the US code, a president earns a $400,000 salary and is still on government payroll after leaving office. The president is also granted a $50,000 annual expense account, $100,000 nontaxable travel account, and $19,000 for entertainment.

While sitting presidents and former presidents receive several perks that last beyond their time in office, like security and health insurance, wardrobe budgets are not included. Presidents and their families usually do not receive or accept clothing as a "gift" from designers, like celebrities on the red carpet. If a piece is accepted as a gift, it is immediately housed in the National Archives after being worn.

Aside from a prestigious title and global recognition, take a look at the financial perks that come with being the most powerful person in the US.

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