Tag

Forever Stamps

All articles tagged with #forever stamps

business6 months ago

USPS Stamp Prices to Rise Starting Sunday

The US Postal Service is increasing stamp prices by 5 cents starting July 13, 2025, marking the 20th rate change since 2000 and the seventh since 2021, with the new rate for a 1-ounce letter rising to 78 cents. The hike is part of USPS's plan for biannual rate increases in 2026 and 2027, pending approval, and comes amid declining mail volume. Costco is offering members a chance to lock in the current 73-cent Forever stamp price until July 28, 2025.

business2 years ago

"USPS Announces Price Hike for Stamps"

Starting next week, the cost of USPS postage will increase, with a Forever Stamp rising to 68 cents. This is part of a series of price hikes that have collectively raised postage costs by nearly 24% since the pandemic. The United States Postal Service is implementing these increases to keep up with inflation and the growing cost of doing business, as part of the Delivering for America 10-year plan proposed by Postmaster General Louis DeJoy in 2021. Despite the hikes, the USPS maintains that its prices remain among the most affordable in the world.

business2 years ago

"USPS Announces 2024 Price Hike for Forever Stamps"

The U.S. Postal Service is raising the price of Forever stamps to 68 cents starting Jan. 21, marking the fifth price increase in two years. This hike is part of the Postal Service's 10-year plan to achieve financial stability, but it has faced criticism as mail volume declines and the service continues to lose money. Other services, including Priority Mail and USPS Ground Advantage, will also see price increases.

business2 years ago

"USPS Announces Price Hike for Stamps"

Starting January 21, 2024, the cost of USPS postage will increase, with a Forever Stamp rising to 68 cents. This marks a nearly 24% increase in postage prices since the pandemic began. The United States Postal Service cites inflation and the need for revenue as reasons for the price adjustments, which also affect other mailing services. Despite the hikes, USPS emphasizes that its prices remain among the most affordable globally.

business2 years ago

"Upcoming Changes to U.S. Mail Service: What You Need to Know"

The United States Postal Service is set to increase the cost of Forever First-Class stamps, with the price of a Forever stamp for a one-ounce letter rising by 3 cents from July 9. The increase is aimed at offsetting the rise in inflation and will raise First-Class Mail prices by approximately 5.4%. Customers can save money by purchasing Forever Stamps at the current rates before the price hike takes effect. Additionally, the USPS is launching USPS Ground Advantage, a faster and more affordable shipping option for packages, which will include features such as return service and insurance. The USPS is also seeking price adjustments for special services products.

business2 years ago

"USPS Announces July Price Hike for First-Class Stamps: Get Yours Now!"

The United States Postal Service (USPS) is increasing mailing prices for the fourth time in a year-and-a-half, citing inflation as the reason. The price changes include a 3-cent increase to Forever stamps, pushing them to 66 cents each, and a 3-cent increase for sending a 1-ounce letter. The price adjustments are aimed at providing the USPS with much-needed revenue to achieve financial stability. The Postal Regulatory Commission also approved USPS's plan to implement Ground Advantage, which combines multiple USPS services into one.

business2 years ago

USPS to Increase First-Class Stamp Prices for Third Time in a Year Due to Inflation

The US Postal Service has filed notice to increase the cost of a first-class stamp for the third time in a year, from 63 cents to 66 cents, to offset rising inflation. The latest increase, approved by the agency's Board of Governors, will go into effect on July 9, 2023. Other services, including certified mail, money orders, and post office boxes, will also become more expensive. The Postal Service has been carrying an annual budget deficit of $10 billion and more than $188 billion in debts and unfunded liabilities, mostly from the underfunding of workers' pensions and retiree medical benefits.