On the recordMarch 6, 2024
Madam Chair, virtually every Federal agency, including the IRS and the Social Security Administration, have moved to electronic delivery. Why? Because older Americans have rapidly adopted internet technology in recent years, including 96 percent of those between the ages of 50 and 65, of which I am, and over three-quarters of those over the age of 65. In fact, in a recent AARP study about retirement plan account holders' views on electronic versus paper accounts, 91 percent of the people were comfortable using the internet to log in and view financial accounts and 94 percent used the internet daily. I understand the AARP has some concerns with this legislation. We have attempted to address those through the ranking member. Unfortunately, their solution so radically changes the scope of the bill that it undercuts the entire intent of this. As I have said before, if you want paper, you will receive paper. If you want an electronic copy, you will receive an electronic copy. It is disingenuous to say anything else. If you don't have internet access, or if you choose to receive paper, you will get it. Madam Chair, I yield back the balance of my time.





