Trust Suite
IRA Management
Administer Individual Retirement Accounts with automated RMD calculations and contribution tracking.
Key features
Scalability
Handles an unlimited number of IRA accounts and beneficiary data.
Contribution Tracking
Records mandatory and voluntary contributions.
Payment Processing
Prints lump-sum payments on pre-printed or blank check stock.
Vesting Management
Manages vesting information and plan parties.
Statement Generation
Produces IRA statements disclosing investment allocation and return history.
Portfolio Integration
Interfaces with MIMICS Portfolio Management for security management.
Like every MIMICS system, IRA Management is customised to your institution and interfaces with the other MIMICS modules and your third-party systems. How we deliver →
Quick answers
About IRA Management
What is MIMICS IRA Management?
IRA Management is part of the MIMICS Trust Suite. Administer Individual Retirement Accounts with automated RMD calculations and contribution tracking.
What are the key features of MIMICS IRA Management?
Key features include Scalability, Contribution Tracking, Payment Processing, Vesting Management, Statement Generation and Portfolio Integration.
Can IRA Management be customised and integrated with other systems?
Yes. Like every MIMICS system, IRA Management is customised to each institution’s requirements and local regulations, and interfaces with the other MIMICS modules and third-party systems. It can be deployed on-premise, in the cloud (AWS, Microsoft Azure, Oracle Cloud and others) or in a hybrid model.
Who builds and supports MIMICS IRA Management?
MIMICS, Inc. has built financial software since 1976. Its India subsidiary, Wildgrube Software in Hyderabad, develops, tests, implements and supports MIMICS systems.
See IRA Management working with your data.
Tell us about your institution and the problem you are solving. We will show you how MIMICS systems fit — remotely or on-site.