Français
Deutsch
Español
Italiano
Português
日本語
한국어
Русский
Age Verification
May 02, 2023CONFIRMED: Stratasys to acquire Desktop Metal for $1.8 billion Share price increases 30%
Mar 17, 2023Engineered Plastic Components Provider Acquires Contract Manufacturer
Apr 06, 202315 Companies to Watch in May 2023
Mar 13, 2023‘Supportive,’ ‘loving,’ ‘unhinged’: ACT’s refreshing casting choices poised to make ‘Wizard of Oz’ sparkle
Sep 29, 2023Forever stamp: Postal service raises cost of first
Jul 09, 2023The cost to mail a letter, greeting card or bill payment is going up.
Just six months after the U.S. Postal Service raised the cost of a Forever stamp to 60 cents – a two-cent increase at the time – the service is raising the price to mail a letter another three cents, a move first forecast by Postmaster General Louis DeJoy last year.
In May 2022, DeJoy said he expected the Postal Service to continue to raise prices "at an uncomfortable rate" until the agency becomes self-sufficient.
DeJoy's remarks followed the passage and signing into law of the Postal Service Reform Act of 2022, legislation designed to bolster the agency facing increased competition and financial challenges, including 14 straight years of net losses, USA TODAY reported. Even with the passage of the act, the USPS expects to lose $110 billion over the next decade, DeJoy said.
The price of a First-Class Mail Forever stamp will increase to 63 cents from 60 cents.
The price hike goes into effect on Sunday, Jan. 22, 2023.
Yes. As its name implies, you can use a Forever stamp regardless of what price you paid for it or when you bought it.
The increase in First-Class Mail postage is needed to offset the rise in inflation, the postal service said in October when it announced the price hikes. "As operating expenses continue to rise, these price adjustments provide the Postal Service with much needed revenue to achieve the financial stability sought by its Delivering for America 10-year plan. The prices of the U.S. Postal Service remain among the most affordable in the world."
Other postage rate increases include:
The first Forever stamp, featuring an image of the Liberty Bell, went on sale in April 2007, according to the USPS, at a cost of 41 cents.
According to the website postageonlinenow.com, the cost of Forever stamps has increased by more than 20 cents since they were first introduced. Here is a breakdown of pricing since 2007: