Stock up on Forever stamps before largest increase since 1991 takes effect this month |

Stock up on Forever stamps before largest increase since 1991 takes effect this month

In an effort to offset a record $4 billion in 2018 operating losses, according to reports, the United States Postal Service will increase the price of some of its stamps and services later this month.

The new price of first-class forever stamps, which are used for mailing normal-sized, one-ounce letters within the United States and remain valid despite any future changes in stamp fees, will increase from 50 cents to 55 cents on Jan. 27 — an increase of 10 percent and the largest percentage increase since 1991 when it went from 25 to 29 cents. Traditional first-class stamps will remain at 50 cents.

Other mailing and shipping increases will take effect in addition to the Jan. 27 stamp price hike, culminating in the biggest price increase by total cents in the post office’s history, according to reports.

Despite being an entity of the United States federal government, the postal service receives no tax dollars for operating expenses. Instead, it relies on the sale of postage, products and services to fund its operations.

Other USPS 2019 postal price increases taking effect Jan. 27 include:

Small flat rate box from $7.20 to $7.90

Medium flat rate box from $13.65 to $14.35

Large flat rate box from $18.90 to $19.95.

Regular flat rate envelope from $6.70 to $7.35

Large flat rate envelope from $7 to $7.65

Padded flat rate envelope from $7.25 to $8

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