By Michael P. Neufeld
Residents planning to mail a something need to be aware of new postage rates that will take effect in Sunday, January 26. The U.S. Postal Service is “temporarily” raising the price to send most types of letters and packages in order to help the agency recover from a loss of revenue due to declining mail volume due to Internet use.First-Class postage will jump to 49 cents, the third price increase since 2009. The price for each additional ounce remains the same at 20 cents. The new 49 cent Forever stamps will allow customers to mail letters to any location in the United States. Forever stamps are always good for mailing a one-ounce letter anytime in the future regardless of price changes.
The “temporary” rate hike is due to expire in two years.
Postcards jump a penny also to 34 cents.
Bulk mail, periodicals and package service rates will also see increases amounting to six percent.
The U.S. Postal Service receives no tax dollars for operating expenses and relies on the sale of postage, products and services to fund its operations. However, due to massive operating deficits, the agency is seeking assistance from Congress.
Local residents are encouraged to purchase the current 46-cent Forever Stamp before the January 26 rate hike goes into effect. Forever stamps are good for first-class postage no matter what the U.S. Postal Commission sets as future rates
For additional information visit USPS online.
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