The price of a “Forever” stamp is rising again – here’s when

[Pelican Press 0]

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The price of a “Forever” stamp is rising again – here’s when

Starting next week, the price of a “Forever” stamp will increase by a nickel to 73 cents, the second time the ******* States Postal Service has raised the cost of postage this year.

The price of a Forever stamp has steadily climbed since they cost 41 cents when the USPS introduced them in 2007, most recently in January when the agency raised the price from

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.

Other postage rates are also set to jump. Mailing a postcard domestically will cost 56 cents, a 3-cent increase, while the price of mailing postcards and letters internationally are both rising by a dime to $1.65. Overall, postage costs are rising 7.8% increase, USPS said in a

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in April.

“These price adjustments are needed to achieve the financial stability sought by the organization’s Delivering for America 10-year plan,” the agency said at the time.

The new postage rates take effect on July 14.

By contrast, the price of renting a Post Office Box is not going up, and USPS will reduce the cost of postal insurance 10% when mailing an item, according to the agency.

Postage prices may be rising, but customers also have more Forever options to choose from. USPS in June began offering two new Forever stamps —

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and another that pays homage to *********-********* game show host

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Trebek.

Aaron held professional baseball’s home-run record for three decades until it was broken in 2007, while Trebek hosted Jeopardy until he

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.

The USPS this year has also launched Forever stamps honoring former First Lady Betty Ford,

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and some of the conductors of the Underground Railroad.

Still, the postage increases are hurting mail volume as well as the USPS’ bottom line, some critics says. The agency in November 

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 a $6.5 billion loss for fiscal 2023 and is projecting a $6.3 billion deficit in 2024, according to Keep US Posted, a nonprofit advocacy group.

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#price #stamp #rising #heres

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