Expect new postal rates on January 22. The U.S. Postal Service is attempting to avoid bankruptcy by raising rates on its more profitable services next year. The post office lost over $5 billion last year.
Here are some of the rate increases:
| U.S. Postal Service Mail Class | New Postage Rates |
Previous Postage Rates |
|---|---|---|
| First-Class Mail letter (1 oz.) | $0.44 | $0.44 |
| First-Class Mail letter – each additional ounce | $0.20 | $0.17 |
| Postcard | $0.29 | $0.28 |
| First-Class Mail flat (1 oz.) | $0.88 | $0.88 |