12-21-2017, 03:17 PM
Hi everyone,
I know people ask about this all the time. Shell is going to remove the scrip program sometime next year and I own RDS.B in my Roth and traditional IRA and RDS.A in my non retirement account. I have owned RDS.B and do not reinvest as I would receive the A shares so I just receive the cash dividend. My issue is I purchases the A in my non retirement account and reinvested the shares and there was no tax withholding with Vanguard. Has anyone else had this experience? I would reinvest the B shares in my retirement account and receive the A shares if there is no tax witholding. Thanks in advance!
I know people ask about this all the time. Shell is going to remove the scrip program sometime next year and I own RDS.B in my Roth and traditional IRA and RDS.A in my non retirement account. I have owned RDS.B and do not reinvest as I would receive the A shares so I just receive the cash dividend. My issue is I purchases the A in my non retirement account and reinvested the shares and there was no tax withholding with Vanguard. Has anyone else had this experience? I would reinvest the B shares in my retirement account and receive the A shares if there is no tax witholding. Thanks in advance!