Postal Services Raises Stamp Prices As Of Today

Forever stamps are displayed Thursday

Forever stamps are displayed Thursday

The U.S. Postal Service says it started Forever Stamps to make it easier for consumers to figure out postage after a price hike.

The price is returning to 49 cents after being lowered to 47 cents after the pressure in April of 2016, according to Time.

The "Forever" stamp is about to cost a couple more cents.

Now the cost is back up. Once the stamps are purchased, they never expire or decline in value, making them last forever. Currently, all first-class one-ounce stamps - except those sold in coils of 500, 3,000 or 10,000 - are Forever Stamps. Postcards, letters being mailed to global destinations, and heavier letters won't be affected by the price change. The loss includes a $5.8 billion retiree health benefit payment that postal officials said have crippled its finances for years. Without the retiree installment, the USPS would have posted net salary of $200 million.

The price of the first-class Forever stamp was set at 49 cents in January 2014.

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