Starting Sunday, the price of Forever stamps will rise from 60 to 63 cents. The 4.2% increase was announced by the U.S. Postal Service back in October.
This marks the 10-year plan, designed to create more financial stability, and avoid $160 billion in financial losses by 2030.of Forever stamps in the past 17 months. It comes amid the agency’s “Delivering for America”
Savers could purchase as many 60-cents Forever stamps as they wanted before the price increase. The postal service will always accept Forever stamps — hence their name — regardless of when they were purchased.
Prices for domestic postcards will increase from 44 to 48 cents Sunday, and mailing an international letter will cost you 5 cents more, at $1.45.
The price changes were approved by the USPS Board of Governors.