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Here’s How Much Joe Biden Can Expect To Make If Elected President

GOBankingRates Logo By Laura Woods of GOBankingRates | Slide 1 of 6: In just a few weeks, former Vice President Joe Biden could be elected the 46th president of the United States. The job wields the kind of power only an elite group of Americans — i.e., former presidents — have ever realized. It also comes with a salary that would be a substantial pay increase from his past government salaries. If elected president, Biden will earn an annual salary of $400,000 per year. Additionally, he’ll receive a $50,000 per year expense allowance, a $100,000 nontaxable travel account and $19,000 for entertainment. This might seem like a huge amount, but being president comes with many expenses you might not realize. Last updated: Oct. 26, 2020

In just a few weeks, former Vice President Joe Biden could be elected the 46th president of the United States. The job wields the kind of power only an elite group of Americans — i.e., former presidents — have ever realized. It also comes with a salary that would be a substantial pay increase from his past government salaries.

If elected president, Biden will earn an annual salary of $400,000 per year. Additionally, he’ll receive a $50,000 per year expense allowance, a $100,000 nontaxable travel account and $19,000 for entertainment. This might seem like a huge amount, but being president comes with many expenses you might not realize.

Last updated: Oct. 26, 2020
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