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IRA Administration (IRAAD)

The "Complete" In-House IRA Administration System ...

 

If you want to maintain direct, in-house control over your IRA account administration, then you are an excellent candidate for IRAAD.

Now also supports Roth, Education IRA, Medical Savings Accounts and will soon also support complete administration of Self-Directed IRAs.

IRAAD offers:

    • Supports traditional IRAs, Roth IRAs, Coverdell ESAs, SIMPLE-IRAs, and Self-Directed IRAs
    • Also supports Health Savings Accounts (HSAs)
    • Complete stand-alone design
    • Modular for easy updating
    • Generates complete managerial reports, with four level security, plus complete documentation and support
    • Performs interest accrual functions for fixed and variable savings and time deposit accounts. Supports first and last day accrual. Contains a generous set of supporting accrual and accounting reports.
    • Generates various customer notices : Interest Earned, Renewal, Maturity, etc.
    • Creates customer mail-merged correspondence. These letters/mailing labels can be produced for those turning age 70½, those age 70½ and older, and those who have an outstanding RMD amount. The correspondence can be modified with the included word processor
    • Optional Host to IRAAD interface - call for quotation
    • Calculates minimum distributions
    • Processes government reports to the IRS (5498 and 1099-R)
    • Generates the CESA Forms 5498-ESA and 1099-Q
    • Generates the IRS Forms 5498-SA, 1099-SA and 8851 for SA Accountholders
    • Generates the IRS Forms 5498-SA and 1099-SA information and transmittal for submittal to the IRS via magnetic media
    • Contains a complete Electronic IRA Forms Platform System
    • Prepares IRA Disclosure Projections
    • Prepares TISA Account Disclosures
    • Can calculate and project RMD amounts
    • Prepares numerous RMD reports
    • Can calculate Pre-59½ Substantially Equal Periodic Payments
    • Contains in excess of 200 IRA, SEP, SIMPLE, Roth, CESA and Self-Directed forms that can produced on your printer
    • Operates with industry-standard hardware and software
    • Can interface to your Host System (optional)
    • Is a proven cost-effective system offering easy set-up and maintenance

Get IRAAD Get Catalog

 

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