Managing Individual Indian Monies (IIM) accounts
An Individual Indian Monies (IIM) account is an interest-bearing account established by BTFA and managed on behalf of an individual with monetary assets generated from assets held in trust by the Federal government. Ownership of an IIM account is important to an Indian trust beneficiary, especially if they receive trust fund revenue from land and/or resources managed in trust by the federal government. Accurate and timely account management services are critically important, especially when a beneficiary relies on trust income.
Accessing beneficiary services
Individual Indian Monies (IIM) account holders have access to a suite of beneficiary services, which can currently be accessed in-person at field offices, by calling the local field office, and/or by calling the Trust Beneficiary Call Center. Across currently available channels, BTFA responds to an average of 200,000 requests annually from beneficiaries asking for information about their assets held in trust, making updates to their account information, requesting account disbursement(s), and other trust management needs. BTFA is in the process of providing an online access option to make it easier for both IIM and Tribal beneficiaries to access Beneficiary Services.