IAI RETIREMENT FUNDS INC
NSAR-A, 1998-08-28
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<PAGE>      PAGE  1
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<PAGE>      PAGE  2
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SIGNATURE   SUSAN J HAEDT                                
TITLE       CONTROLLER          
 


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   <NAME> IAI RETIREMENT REGIONAL PORTFOLIO
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</TABLE>

<TABLE> <S> <C>

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<SERIES>
   <NUMBER> 03
   <NAME> IAI RETIREMENT BALANCED PORTFOLIO
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<S>                             <C>
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 02
   <NAME> IAI RETIREMENT RESERVE PORTFOLIO
<MULTIPLIER> 1,000
       
<S>                             <C>
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</TABLE>


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