Does the software have the ability to handle spousal rollovers for Roth IRAs?
Roth IRA programs should handle spousal rollovers, especially since the IRS Model Agreement (see Article V of the Form 5305-R) includes a provision for an automatic spousal rollover when a married person dies. This means that the spouse will be the owner of the Roth IRA at the death of the Roth IRA owner. If the software does not handle this, it means that the surviving spouse will always be assumed to be taking distributions immediately following the death of the other spouse. This is not a realistic assumption. 5. Does the software have the ability to handle spousal rollovers for ordinary IRAs? If the software does not contain a feature that includes doing spousal rollovers for ordinary IRAs, it cannot compare a spousal rollover for a Roth IRA and an ordinary IRA because the comparison will not be apples to apples. 6. Does the software allow the taxpayer to input his/her annual needs without regard to the required minimum distributions? This is a crucial element in a Roth IRA program
