- Presidents Day is Monday, February 15.
- Joe Biden was sworn into office on January 20 as the 46th US president.
- Biden gets to enjoy luxurious benefits that come with the highest office in the United States.
- Visit the Business section of Insider for more stories.
Monday, February 15 is Presidents Day. President Joe Biden, who was sworn into office on January 20 as the 46th US president, gets to enjoy the perks that come with having the most prestigious title in the US: living in the White House, 24/7 house staff, and a pretty sizable salary.
Yet one perk they don’t enjoy? Vacation days.
“Presidents don’t get vacations — they just get a change of scenery,” Nancy Reagan once said.
While presidents can take trips to the golf course or summer homes, they are accompanied by aides, advisors, and heavy security, and work still happens outside the White House.
While they may have to work from the beach, 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.
Both Biden and Vice President Kamala Harris get to enjoy various perks and benefits during their term. Aside from a prestigious title and global recognition, take a look at the financial perks that come with being the president.
Myelle Lansat contributed to an earlier version of this article.
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