The Valencia type peanut is a funny looking tall and slim peanut with a very red skin around the kernel, of all four different types it has the sweetest taste. It is not uncommon to find three or more kernels when you open up a Valencia peanut.
The two types of IRAs â Traditional IRAs and Roth IRAs â differ on income limits, age limits, and the Required Minimum Distribution (RMD). The main difference between a Traditional IRA and a Roth IRA is how theyâre taxed. (This is the tax deferred versus tax exempt distinction we referred to above.) If you choose a Traditional IRA, you donât pay taxes on your contributions until you make a withdrawal, usually in retirement.
A Roth IRA has many rules that are similar to a traditional IRA. The main difference between a traditional IRA and Roth IRA is that Roth IRA contributions are made with after tax dollars but all distributions including capital gains, are tax-free when you withdraw them (post age 59 Â½).