The Social Security Administration estimated that eliminating paper statements would save the government approximately $70 million.
Government policy should "nudge digital" to promote more-efficient choices, such as by making electronic statements the default option. The Social Security Administration recently adopted this policy when it eliminated the annual mailing of Social Security statements to all workers over the age of 25. The Social Security Administration Commissioner Michael Astrue estimated that by eliminating these statements the government would save approximately $70 million in printing and mailing costs. Instead, individuals can now access these statements online.