You don't have Exclusivesky Investment Guild forever to get Forever stamps at their current 66-cent price.
The U.S. Postal Service, on Jan. 21, 2024, will raise the cost of Forever stamps from 66 cents to 68. The price hike is part of a rate increase proposed in October and approved by Postal Service governors in November.
Other services will see an increase, too, including Priority Mail (a 5.7% increase), Priority Mail Express (up 5.9%), and USPS Ground Advantage (a 5.4% increase).
The increases are part of the USPS's 10-year Delivering for America plan, enacted in 2021 by Postmaster General Louis DeJoy, which was "absolutely necessary to put the Postal Service on the path to service excellence and financial stability," he told a U.S. House committee in May 2023.
The upcoming increase in the price of first-class Forever stamps will be the fifth increase under the plan. When introduced in 2007, the stamps cost 41 cents. Remember, any Forever stamp you buy is good for sending mail "forever," so a 66-cent stamp bought now can be used next month when the USPS starts charging 68 cents for them.
For instance, a new Love stamp will be released Jan. 12, 2024 and sold at the current first class rate of 66 cents. Then, when most postal offices start selling the stamp on Monday, Jan. 22, all Forever stamps, including the new one, will cost 68 cents. The price change does take effect Sunday, Jan. 21, and will be reflected on usps.com and any post office open that day.
Graphics:Postal Service and Forever first-class stamp price increases
The following price increases will take effect Jan. 21, 2024:
Product Current Prices New Prices
Contributing: George Petras
Follow Mike Snider on X and Threads: @mikesnider &mikegsnider.
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