Cape Verde. The Cape Verde islands consist of two small (volcanic in origin) archipelagos, about 400 miles off the western coast of Africa. These once uninhabited islands were first discovered by the ancient Phoenicians, then later colonized and exploited by the Portuguese, beginning in the 15th century.
As tax-deferred retirement plan, distributions from an inherited traditional IRA is fully taxable, even for a beneficiary. The only way a portion of the distribution won't be taxed is if the decedent made nondeductible contributions to the traditional IRA, meaning she put money in and didn't claim a deduction.nheriting an individual retirement account (IRA) can be both a blessing and a curse: A blessing because of the obvious financial windfall, but a curse because distributions from inherited IRAs are taxed in the same way they would have been taxable to the decedent.
1 Roth IRA: Roth IRAs are non-deductible, which means you use post-tax money to fund your account. 2  However, the distributions made during retirement age are tax exempt, which is the main reason people invest in a Roth IRA. 3  As with the Traditional IRA, early withdrawals may incur stiff penalties.fter you have put in enough money to get the match, I would consider investing in a Roth IRA if you are eligible. Roth IRAs are beneficial because you will be able to withdraw this money tax free in retirement. Doing this diversifies your future tax liabilities by having a taxable and non-taxable retirement funds.