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I think I'd like to start engaging in this, but I'm not knowledgeable about it, and don't know of brokerages offering this outside IB (if any others).

Anyone care to share experiences? From other online sources, the biggest gotcha seems to be IB's failure to consistently reclaim clients' shares prior to dividend causing increased tax liability when margin-takers make a payment in lieu of the div, but I tend toward low-to-no divs in my taxable account so am not particularly concerned.



Submitted September 02, 2017 at 10:13PM by amy31415 http://ift.tt/2gBrb6i

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