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.
There are 11 (!) types of IRAs, but the two most common are the Traditional IRA and the Roth IRA. A third popular type, the Rollover IRA, allows you to transfer retirement funds from a previous job into a Traditional or Roth IRA. Traditional and Roth IRAs actually have a lot in common: 1  A variety of investment opportunities: Both IRAs allow investments in the form of stocks, bonds, mutual funds, and ETFs. 2  Contribution limits: For 2015 and 2016, if youâre 49 years old or younger, you can put up to $5,500 per year in your IRA.