A postage stamp honoring Ronald Reagan (search) will be issued next year, the Postal Service (search) announced Wednesday.

Postal policy is to honor prominent Americans with a stamp no sooner than 10 years after their death, except for former presidents who, the agency said, can be honored on their first birth anniversary following death. Reagan was born Feb. 6, 1911 and died June 5.

In announcing the Reagan stamp, Postmaster General John E. Potter (search) said, "The Postal Service will be proud to add a commemorative postage stamp to recognize the many honors that President Reagan, a man of diverse talents, accumulated throughout his life and beyond."

The design of the stamp hasn't been completed, the agency said.