Enter all non-spouse beneficiaries who will receive a share of the retirement plan at the death of the client/spouse, and choose the percentage of the plan they will receive. During the "Stretch" analysis, minimum distributions for the non-spouse beneficiaries will be based off each beneficiary's own life expectancy (instead of using the oldest beneficiary's life expectancy for all beneficiaries).
The software does not consider Generation Skipping Transfer Taxes (GSTT), so if grandchildren are entered, as non-spouse beneficiaries, a separate analysis should be considered to look at GSTT consequences.