The U.S. Postal Service is set to raise the price of its popular Forever Stamps. Effective Sunday, Jan. 21, 2024, the cost of each Forever Stamp will increase by 2 cents, bringing the price to 68 cents from the current 66 cents. Forever Stamps remain valid for postage regardless of future price changes, making them a valuable option for consumers.
This price hike is attributed to ongoing inflationary pressures and the need for financial stability as outlined in the USPS’s “Delivering for America” 10-year plan. Despite the increase, the USPS maintains that its prices are among the most affordable globally. Since 2019, the cost of Forever Stamps has risen by 36%, reflecting the continuous adjustments in response to operational costs.
In addition to Forever Stamps, the USPS has announced changes in other postal fees, including metered letters, domestic and international postcards, and international letters. These adjustments are part of the broader strategy to address the financial challenges faced by the Postal Service. Forever Stamps are available for purchase at U.S. Post Offices and online.
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