US Postage Rates to Increase in May

The United States Postal Service (USPS) announced today that new postage rates will go into effect on May 11, 2009.  The new rates will be:

Letter, first ounce: $0.44
Large envelope, first ounce: $0.88
Additional ounces: $0.17  (this did not change!)
Postcard: $0.28

To make sure that you don’t end up with extra 42 cent stamps, buy and use the “Forever Stamps” instead.  Regardless of when you purchase them, they can be used to mail 1-ounce letters after the rate hike, without adding additional postage.

Although this relatively modest increase will not present a hardship to most businesses, direct mail companies and magazine publishers take a hard hit, given the amount of items that they mail each year.

So that you may plan for the future, rate increases are now occurring annually, each May, and are tied to the CPI.

What do you think? Please leave a comment!