can mean significant deposits and enhanced profitability for financial
institutions. But customers retirement assets are extremely important
to them, and they must be assured that these assets are being handled
properly. The IRS also demands strict compliance with IRA rules and
properly administer IRAs, financial institutions must be equipped
to satisfy both their customers and the IRS.
Administering IRAs often means using the services of an outside administrator.
In today's tighter, more competitive IRA market, finding qualify administrative
services at a reasonable price is a key of having a profitable IRA
program. Collin W. Fritz and Associates are committed to being your
partner in helping you offer quality service at an affordable price.
have the technical expertise to properly administer your IRAs, at
prices that are very reasonable. We can accept information either
electronically or on printed materials. Reports can also be submitted
to you either electronically, or we will ship them to you as necessary.
We can customize interfaces into your existing Host system eliminating
we administer your accounts, we will: Prepare all necessary government
such as 5498s, 1099-Rs.
Prepare customer statements and various other reports for your
you when customers must take distributions and what the minimum
can also prepare documents informing you of customers turning
Customers who still have outstanding RMDs.
can even produce RMD letters for your customers and mail them
"The Pension Digest" monthly newsletter
access to our toll-free consulting service.
required reports to the IRS electronically as needed
Interest Accrual Option is also available
If you wish to look at administering your own IRA Accounts
at our IRA Administrative Software IRAADtm