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Flux-induced topological superconductivity in full-shell nanowires – Science Magazine

Posted: March 28, 2020 at 5:41 pm


INTRODUCTION

Majorana zero modes (MZMs) localized at the ends of one-dimensional topological superconductors are promising candidates for fault-tolerant quantum computing. One approach among the proposals to realize MZMsbased on semiconducting nanowires with strong spin-orbit coupling subject to a Zeeman field and superconducting proximity effecthas received considerable attention, yielding increasingly compelling experimental results over the past few years. An alternative route to MZMs aims to create vortices in topological superconductors, for instance, by coupling a vortex in a conventional superconductor to a topological insulator.

We intoduce a conceptually distinct approach to generating MZMs by threading magnetic flux through a superconducting shell fully surrounding a spin-orbitcoupled semiconducting nanowire core; this approach contains elements of both the proximitized-wire and vortex schemes. We show experimentally and theoretically that the winding of the superconducting phase around the shell induced by the applied flux gives rise to MZMs at the ends of the wire. The topological phase sets in at relatively low magnetic fields, is controlled by moving from zero to one phase twist around the superconducting shell, and does not require a large g factor in the semiconductor, which broadens the landscape of candidate materials.

In the destructive Little-Parks regime, the modulation of critical temperature with flux applied along the hybrid nanowire results in a sequence of lobes with reentrant superconductivity. Each lobe is associated with a quantized number of twists of the superconducting phase in the shell, determined by the external field. The result is a series of topologically locked boundary conditions for the proximity effect in the semiconducting core, with a dramatic effect on the subgap density of states.

Tunneling into the core in the zeroth superconducting lobe, around zero flux, we measure a hard proximity-induced gap with no subgap features. In the superconducting regions around one quantum of applied flux, 0 = h/2e, corresponding to phase twists of 2 in the shell, tunneling spectra into the core show stable zero-bias peaks, indicating a discrete subgap state fixed at zero energy.

Theoretically, we find that a Rashba field arising from the breaking of local radial inversion symmetry at the semiconductor-superconductor interface, along with 2-phase twists in the boundary condition, can induce a topological state supporting MZMs. We calculate the topological phase diagram of the system as a function of Rashba spin-orbit coupling, radius of the semiconducting core, and band bending at the superconductor-semiconductor interface. Our analysis shows that topological superconductivity extends in a reasonably large portion of the parameter space. Transport simulations of the tunneling conductance in the presence of MZMs qualitatively reproduce the experimental data in the entire voltage-bias range.

We obtain further experimental evidence that the zero-energy states are delocalized at wire ends by investigating Coulomb blockade conductance peaks in full-shell wire islands of various lengths. In the zeroth lobe, Coulomb blockade peaks show 2e spacing; in the first lobe, peak spacings are roughly 1e-periodic, with slight even-odd alternation that vanishes exponentially with island length, consistent with overlapping Majorana modes at the two ends of the Coulomb island. The exponential dependence on length, as well as incompatibility with a power-law dependence, provides compelling evidence that MZMs reside at the ends of the hybrid islands.

While being of similar simplicity and practical feasibility as the original nanowire proposals with a partial shell coverage, full-shell nanowires provide several key advantages. The modest magnetic field requirements, protection of the semiconducting core from surface defects, and locked phase winding in discrete lobes together suggest a relatively easy route to creating and controlling MZMs in hybrid materials. Our findings open the possibility of studying an interplay of mesoscopic and topological physics in this system.

(A) Colorized electron micrograph of a tunneling device composed of a hybrid nanowire with hexagonal semiconducting core and full superconducting shell. (B) Tunneling conductance (color) into the core as a function of applied flux (horizontal axis) and source-drain voltage (vertical axis) reveals a hard induced superconducting gap near zero applied flux and a gapped region with a discrete zero-energy state around one applied flux quantum, 0. (C) Realistic transport simulations in the presence of MZMs reproduce key features of the experimental data.

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Flux-induced topological superconductivity in full-shell nanowires - Science Magazine

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March 28th, 2020 at 5:41 pm

Posted in Quantum Computing

Reaching the Singularity May be Humanity’s Greatest and Last Accomplishment – Air & Space Magazine

Posted: at 5:41 pm


airspacemag.com March 27, 2020

In a new paper published in The International Journal of Astrobiology, Joseph Gale from The Hebrew University of Jerusalem and co-authors make the point that recent advances in artificial intelligence (AI)particularly in pattern recognition and self-learningwill likely result in a paradigm shift in the search for extraterrestrial intelligent life.

While futurist Ray Kurzweil predicted 15 years ago that the singularitythe time when the abilities of a computer overtake the abilities of the human brainwill occur in about 2045, Gale and his co-authors believe this event may be much more imminent, especially with the advent of quantum computing. Its already been four years since the program AlphaGO, fortified with neural networks and learning modes, defeated Lee Sedol, the Go world champion. The strategy game StarCraft II may be the next to have a machine as reigning champion.

If we look at the calculating capacity of computers and compare it to the number of neurons in the human brain, the singularity could be reached as soon as the early 2020s. However, a human brain is wired differently than a computer, and that may be the reason why certain tasks that are simple for us are still quite challenging for todays AI. Also, the size of the brain or the number of neurons dont equate to intelligence. For example, whales and elephants have more than double the number of neurons in their brain, but are not more intelligent than humans.

The authors dont know when the singularity will come, but come it will. When this occurs, the end of the human race might very well be upon us, they say, citing a 2014 prediction by the late Stephen Hawking. According to Kurzweil, humans may then be fully replaced by AI, or by some hybrid of humans and machines.

What will this mean for astrobiology? Not much, if were searching only for microbial extraterrestrial life. But it might have a drastic impact on the search for extraterrestrial intelligent life (SETI). If other civilizations are similar to ours but older, we would expect that they already moved beyond the singularity. So they wouldnt necessarily be located on a planet in the so-called habitable zone. As the authors point out, such civilizations might prefer locations with little electronic noise in a dry and cold environment, perhaps in space, where they could use superconductivity for computing and quantum entanglement as a means of communication.

We are just beginning to understand quantum entanglement, and it is not yet clear whether it can be used to transfer information. If it can, however, that might explain the apparent lack of evidence for extraterrestrial intelligent civilizations. Why would they use primitive radio waves to send messages?

I think it also is still unclear whether there is something special enough about the human brains ability to process information that casts doubt on whether AI can surpass our abilities in all relevant areas, especially in achieving consciousness. Might there be something unique to biological brains after millions and millions of years of evolution that computers cannot achieve? If not, the authors are correct that reaching the singularity could be humanitys greatest and last advance.

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Reaching the Singularity May be Humanity's Greatest and Last Accomplishment - Air & Space Magazine

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March 28th, 2020 at 5:41 pm

Posted in Quantum Computing

Quantum Computing Market 2020 | Growing Rapidly with Significant CAGR, Leading Players, Innovative Trends and Expected Revenue by 2026 – Skyline…

Posted: at 5:41 pm


New Jersey, United States:The Quantum Computing Market is carefully researched in the report while largely concentrating on top players and their business tactics, geographical expansion, market segments, competitive landscape, manufacturing, and pricing and cost structures. Each section of the research study is specially prepared to explore key aspects of the Quantum Computing market. For instance, the market dynamics section digs deep into the drivers, restraints, trends, and opportunities of the Quantum Computing Market. With qualitative and quantitative analysis, we help you with thorough and comprehensive research on the Quantum Computing market. We have also focused on SWOT, PESTLE, and Porters Five Forces analyses of the Quantum Computing market.

Global Quantum Computing Market was valued at USD 89.35 million in 2016 and is projected to reach USD 948.82 million by 2025, growing at a CAGR of 30.02% from 2017 to 2025.

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The main players featured in the Quantum Computing market report are:

Leading players of the Quantum Computing market are analyzed taking into account their market share, recent developments, new product launches, partnerships, mergers or acquisitions, and markets served. We also provide an exhaustive analysis of their product portfolios to explore the products and applications they concentrate on when operating in the Quantum Computing market. Furthermore, the report offers two separate market forecasts one for the production side and another for the consumption side of the Quantum Computing market. It also provides useful recommendations for new as well as established players of the Quantum Computing market.

Quantum Computing Market by Regional Segments:

The chapter on regional segmentation describes the regional aspects of the Quantum Computing market. This chapter explains the regulatory framework that is expected to affect the entire market. It illuminates the political scenario of the market and anticipates its impact on the market for Quantum Computing.

Analysts who have authored the report have segmented the market for Quantum Computing by product, application and region. All segments are the subject of extensive research, with a focus on CAGR, market size, growth potential, market share and other important factors. The segment study provided in the report will help players focus on the lucrative areas of the Quantum Computing market. The regional analysis will help the actors to strengthen their position in the most important regional markets. It shows unused growth opportunities in regional markets and how they can be used in the forecast period.

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Highlights of TOC:

Overview: In addition to an overview of the Quantum Computing market, this section provides an overview of the report to give an idea of the type and content of the study.

Market dynamics: Here the authors of the report discussed in detail the main drivers, restrictions, challenges, trends and opportunities in the market for Quantum Computing.

Product Segments: This part of the report shows the growth of the market for various types of products sold by the largest companies.

Application segments: The analysts who have authored the report have thoroughly evaluated the market potential of the key applications and identified the future opportunities they should create in the Quantum Computing.

Geographic Segments: Each regional market is carefully examined to understand its current and future growth scenarios.

Company Profiles: The top players in the Quantum Computing market are detailed in the report based on their market share, served market, products, applications, regional growth and other factors.

The report also includes specific sections on production and consumption analysis, key results, key suggestions and recommendations, and other issues. Overall, it offers a complete analysis and research study of the Quantum Computing market to help players ensure strong growth in the coming years.

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Tags: Quantum Computing Market Size, Quantum Computing Market Trends, Quantum Computing Market Forecast, Quantum Computing Market Growth, Quantum Computing Market Analysis

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Quantum Computing Market 2020 | Growing Rapidly with Significant CAGR, Leading Players, Innovative Trends and Expected Revenue by 2026 - Skyline...

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March 28th, 2020 at 5:41 pm

Posted in Quantum Computing

Tech reality check: business must move beyond the hype on digital technology – CBI

Posted: at 5:41 pm


CBI / Accenture research reveals that technology investment is shifting up a gear. Next on businesses investment horizon are technologies at the cutting edge of innovation: distributed ledger technology (DLT) like blockchain, artificial intelligence (AI), and quantum computing.

All three of these technologies have the potential to transform how we do business. AI in particular already is: the technology has been embedded by 33% of businesses, and is changing the game from sectors like law, where its improving how millions of documents are analysed, to the financial services, where its helping to combat increasingly sophisticated money laundering and fraud threats.

But cutting-edge tech isnt a universal answer. It can be hard to separate the hype from the reality and work out whether you would really benefit from familiar or emerging technologies. Whats more, successful technology adoption doesnt rely on just technology: it also requires factors like involving employees in innovation or understanding technology ethics, which can be a challenge.

Thats why the CBI has created an exclusive member guide, in partnership with Accenture. Based on the latest evidence and engagement with senior business leaders, we reveal where businesses are struggling to get the most out of their tech investments and the practical steps you can take to avoid common pitfalls.

The CBI is helping to drive change so that the UK can lead in emerging tech

To create a thriving ecosystem for key emerging technologies, CBI is calling for a pro-innovation regulatory environment that attracts companies to come to the UK, test new innovations here, and scale for long term success. The government must take a leading role to stimulate research and investment into new technologies like AI, quantum computing, and DLT, with a greater focus on horizon scanning.

The CBIs new practical guide will help your business move beyond the hype and get more from your technology

In partnership with Accenture, the CBIs exclusive member guide,Tech Reality Check, will help you understand:

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Tech reality check: business must move beyond the hype on digital technology - CBI

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March 28th, 2020 at 5:41 pm

Posted in Quantum Computing

A Refreshing View – The Good Men Project

Posted: March 27, 2020 at 11:44 am


Waking up at the lake is a radically different experience from waking at my home in the Bay Area. Why you might ask? I think it has something to do with perception, a deep listening, the kind of listening that is so absorbing, its as if your life has become a living concerto. You know what I mean? A musical composition if you will, one solo instrument, accompanied by an entire damn orchestra. Its magnificent.

I stagger out of bed with the rising sun, my husband is already up, space he recently occupied still warm, dented, rumpled. I glance in the mirror on the way to the loo and smile. The truth is my hair always looks good at the lake. Its true. No one has bothered to study this phenomenon but I have a suspicion it has something to do with that radically seized perception I was just speaking of. I actually see it differently.

My silhouette is narrower, like a block of cheese lightly grated, Im fully aware this has to do with a warped mirror, but thats beside the point, and admittedly it plays into the deployment of my mood.

When you have an intense contact of love with nature or another human being, like a spark, then you understand that there is no time and that everything is eternal. Paulo Coelho

Im acutely aware of the way my pajamas caress my skin, the crispness of the morning air, the cool tiles beneath my feet, the density of the warm mug in my hand, the aroma of the french roast. My eyes scan the scene spread out before me, as if butter on warm toast, melting into the landscape. January is stark, naked, and brazenly alive. The dormancy of the trees is striking against the lush foliage, a hibernation of sorts, in that everything slows down, goes into a prolonged fast, primitive, emptying, quiet. Im drawn into the alchemy of this primal world as if it were deeply embedded in my soul.

The only thing that is ultimately real about your journey is the step that you are taking at this moment. Thats all there ever is. Eckhart Tolle

The ripples on the water boldly reflect the rays of the sun, smiling, winking, laughing as if a child at play. I notice the way the fog tantalizes the tit of the mountain, erotic, raw, unapologetic. The gentle movement of the clouds migrating ever so slowly across the sky forces me to concede as to the uniqueness of each and every day. I allow my eyes to hitchhike with a flock of pelicans moving west, scanning the irreverent flow of the water below, and then gliding ever so gracefully onto the surface as if a fleet of small seaplanes.

Gratitude is the understanding thatthe underlying gift of life and incarnation as a living, participating human being is a privilege.

David Whyte

I hear Larry say, bring me a cup? I literally have to rip my eyes away from the sumptuous view, as if removing the wax seal from a personal note, the trance is irrevocably broken. I move slowly back into the kitchen, reaching for his favorite mug, filling the vessel with a generous pour of fragrant dark roast.

[This is as far as I got with my post, the weekend at the lake slipped away, we drove back to the Bay Area in silence, back to our jobs, responsibilities, old wounds. I attempt to continue the tale but the mojo is broken, try as I may, I cant recapture the essence, so I allow it to flow in a new direction.]

I love the line from the movie The Way, you dont choose a life, you live it. The film is about pilgrimage, transformation, and spirituality, not necessarily religious, but rooted in the heart. Were currently viewing it in one of my classes. It illustrates the idea of letting go of what we think should happen, including our illusion of control, and living in the present moment, the only place in which we can actually emerge from the colossal womb of life. Osho says intelligence is the capacity to be reborn again and again, to die to the past, and live in the present.

If you are depressed, you are living in the past, if your are anxious, you are living in the future, if you are at peace, you are living in the present. Lao Tzu

Most people would agree compassion, prudence, kindness, perseverance, courage, wisdom, generosity, discipline, even humor are all important virtues. How we employ these virtues becomes our unique contribution to the world. If we knew just how powerfully our thoughts, words, and actions affected the hearts of those around us, wed reach out and join hands again, and again says Tara Brach.

Sometimes I live as if I have a personal canon, set in stone, and that which lies outside my limited comprehension is simply rejected. Jane Leavy warns trauma fractures comprehension as a pebble shatters a windshield. The wound at the site of impact spreads across the field of vision, obscuring reality and challenging belief. It seems to be the human condition. Birth is suffering, growth is suffering, the seed suffers the earth, the root suffers the rain, the bud suffers its flowering claims, Hermann Hesse. Oh, the injustice of judging others by our own warped compass?

Its mid-January, I might be succumbing to the darkness, frigidity, and barrenness of my surroundings, but sometimes I grow weary of the daily grind. I think thats why waking up at the lake is so incredibly illuminating. Eckhart Tolle reminds us, unease, anxiety, tension, stress, worry all forms of fear are caused by too much future, and not enough presence. Guilt, regret, resentment, grievances, sadness, bitterness, and all forms of non-forgiveness are caused by too much past, and not enough presence. For some reason, Im most present when Im at the lake.

Just to be is a blessing. Just to live is holy. Rabbi Abraham Joshua Heschel

I hand Larry his cup of coffee, in a different room, another home, a divergent environment. Moving towards the window overlooking my beloved patio, I return to my messianic view of life, to the sheer bliss of being part of this present, fragile, transient moment. Fools stand on their island of opportunities and look toward another land, there is no other land, there is no other life, but this one says, Henry David Thoreau. Its more than I deserve, more than I can fathom, more than I am able to properly explain. The best we can do is savor the momentous living concerto playing out before us, our only response, a loud and exuberant Bravo!

Im Living in the Gap, sort of drowning without Facebook, dependent on my readers to keep me afloat. Please share on your social media accounts if you are so inspired. Looking forward to your comments below.

Anecdotes:

Previously published on Cheryloreglia.blog.

Have you read the original anthology that was the catalyst for The Good Men Project? Buy here: The Good Men Project: Real Stories from the Front Lines of Modern Manhood

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March 27th, 2020 at 11:44 am

Posted in Eckhart Tolle

Here’s why Suze Orman says it’s better to invest your retirement savings in a Roth 401K if you can – CNBC

Posted: March 26, 2020 at 12:46 am


A 401(k) is one of the best ways to save for retirement, but there's more than one type of employer-sponsored retirement account and knowing the differences can give you more options in the long run.

One of the biggest perks of contributing to a traditional 401(k) is that doing so can save you money on taxes. Any money you put in a traditional 401(k) goes straight from your paycheck before taxes are applied, so it reduces your taxable income.

But financial expert Suze Orman says there's a better way to invest for your retirement. Instead of investing in a traditional 401(k), Orman recommends investing in a Roth 401(k). Now you've probably heard of the individual retirement account option, the Roth IRA, but there's now a 401(k) version as well that functions in roughly the same way.

With a traditional 401(k), you don't pay taxes on the income you're funneling into your investments. But when you retire, you pay taxes when you withdraw money from that account.

With a Roth IRA, you contribute the money after-taxes, so while you don't get the immediate tax break, you don't have to pay any taxes when you retire. About 70% of employers offer Roth 401(k)s, according to Plan Sponsor Council of America's 2019 annual survey of employers.

"In my opinion, you should absolutely be putting every single cent into the Roth version of your retirement account," says Orman who recently released her new book,"The Ultimate Retirement Guide for 50+."

Why does Orman like Roth retirement accounts so much more? Because they offer more flexibility than a traditional 401(k). With a Roth 401(k), you don't ever have to take the required minimum distributions. Meanwhile, a traditional retirement account requires you to start taking money out at age 72. If you miss this deadline, or don't take enough money out, the penalty can be severe: The amount not withdrawn is taxed at 50% rate.

Meanwhile, if you're planning to leave retirement savings as an inheritance, Orman says a Roth 401(k) is better here, too. What if your kids are in a higher tax bracket than you ever were in, and you leave them money in a traditional 401(k)?

They're going to lose a lot of that money, Orman says. But with a Roth, they get it without income taxes, she says.

More from Invest in You: Avoid this investing mistake as coronavirus fears grip markets Here's the secret to multiplying your savings Save $1,000 without sacrificing anything you really love

If you don't have the option to invest in a Roth 401(k) at work, you can always invest in a Roth IRA if you earn under the income limit, Orman says. In 2020, you can put away $6,000 in a Roth IRA if you're under age 50 (a bit more if you're older), but you can only make full contributions to these accounts if your individual modified adjusted gross income is less than $124,000 this year ($193,000 for those who are married and filing jointly).

Orman's advice: If you have a retirement account at work that matches your contribution, invest up to the point of the match. After that, fully fund your Roth IRA.

Plus, with a Roth IRA, you can take out your contributions at any time without penalty, regardless of your age or how long the money has been there. "There are so many advantages for you to do a Roth versus a traditional," Orman says.

"So please don't go for the tax write off today so that later on in life you have to pay taxes on a traditional retirement account. Go for a Roth," Orman says.

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Here's why Suze Orman says it's better to invest your retirement savings in a Roth 401K if you can - CNBC

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March 26th, 2020 at 12:46 am

Posted in Retirement

Congress may let you skip this mandatory withdrawal from retirement accounts – CNBC

Posted: at 12:46 am


Congress may permit retirees to skip required minimum distributions from their retirement savings.

The House coronavirus relief bill, which was released yesterday, contains a provision that waives for 2020 the required minimum distributions from individual retirement accounts and workplace retirement plans.

A similar provision is in the latest version of the Senate bill.

"For people with a retirement account and who don't need the money right now, it's helpful," said Garrett Watson, senior policy analyst at the Tax Foundation. "It's interesting that this showed up in both versions; it shows some consensus."

The House's proposed legislation contains a range of additional relief measures, including permitting coronavirus-related withdrawals from retirement accounts and enhancing the earned income tax credit.

Historically, savers who are aged 70 have had to take mandatory withdrawals from their retirement accounts every year. The distributions are required from each 401(k) account you hold, as well as any traditional IRAs you have.

Roth IRAs are exempt from RMDs, but Roth 401(k) investors must take the mandated withdrawals.

Starting in 2020, the Secure Act boosted the RMD age to 72 and over.

If it's your first time taking this distribution, you generally have until April 1 of the following year to do so. But all subsequent RMDs must be taken by year-end.

If there was ever a good time to waive mandatory distributions, now would be it. Mandatory distributions are looking especially painful as major market indexes have been battered by volatility.

While this measure and others would allow savers to hold onto more of their savings, waiving the RMD for 2020 would work in favor of those who don't need to live off of their IRA or 401(k) in retirement.

"The idea of pushing back the RMD is useful, but it would mostly benefit those who are still working or who are higher income," said Jamie Hopkins, director of retirement research at Carson Group.

Indeed, individuals who are still working and saving in a workplace retirement plan are able to put off their RMD from the plan until they retire provided they don't own more than 5% of the company.

They still need to take RMDs from their IRAs.

More from Smart Tax Planning: Tax Day is July 15. Why you should get your return in sooner Congress may allow you to take $100,000 from your 401(k) How those coronavirus-fueled losses can cut your taxes

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Congress may let you skip this mandatory withdrawal from retirement accounts - CNBC

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March 26th, 2020 at 12:46 am

Posted in Retirement

1099-R explained: What you should know if you’re pulling cash from a retirement fund to pay for unexpected expenses – PotomacLocal.com

Posted: at 12:46 am


When you start planning for retirement, the hope is that you will set aside money and it will grow until you leave the working world to spend your time on things other than working at a job.

However, life happens. There are going to be times when you will need money to pay for things that pop up. It is at times as if these that you will want to pull money out of your IRA.

However, you do need to be careful. If you pull money out before you reach age 59-and-a-half, you will face a 10% penalty for early withdraw. This would apply if you were pulling money out of either a Roth or Traditional IRAs.

However, it only applies to the amount of the distribution that is included in gross income. Therefore, it does not apply to the part of your distribution that is a return of your contributions.

However, this is not a hard and fast rule. There are certain instances where you will not be subject to the 59 and-a-half rule. When you receive your 1099-R that shows the amount you received, Box 7 will have a code in it that will signify what type of distribution it is.

Lets take a look at these codes and what they mean.

If you see Code 1 in box seven, you have had a separation of service.

Code 2 in box seven means that you have received a distribution that is part of a series of substantially equal periodic payments.

If you have a total and permanent disability, you should see a three in box seven, indicating that the payments you receive are due to a disability.

Code 4 in box seven means that you are receiving the payment as a beneficiary of the participant in the plan, who has died.

If you have received a distribution from the retirement plan to pay for unreimbursed medical costs, box seven will have a five in it.

If you underwent a divorce, and as part of qualified domestic relations order fund were distributed from a retirement plan (other than an IRA), box seven with having a six written in it.

If you have left a job and have been receiving unemployment compensation for 12 consecutive weeks, you can receive money from a retirement plan to pay for unemployment health insurance.

You can make withdraws from an IRA to pay for education costs, including tuition, supplies, books, and room and board for someone who is a half-time student.

First-time homebuyers are allowed to withdraw up to $10,000 from an IRA to purchase a home.

Code 10 in Box 7 indicates that a distribution was made from a retirement plan to pay an IRS levy.

If you are a reservist called to active duty for a period of 180 days or more, or for an indefinite period, if number 11 appears in in Box 7 indicates that you have received a qualified reservist deferral.

Need some help with understanding your options when it comes to early retirement distributions?

Drop me a line at chris@pedenaccountingservices.com and we can discuss your situation and how best to take advantage of the deductions and credits available to you.

In accordance with Circular 230 Treasury Department Regulations, we are required to advise you that any tax advice contained in this article may not be relied upon to avoid penalties under the Internal Revenue Code.

If you are interested in a written opinion that can be relied upon to prevent the imposition of tax-related penalties, please contact the author.

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1099-R explained: What you should know if you're pulling cash from a retirement fund to pay for unexpected expenses - PotomacLocal.com

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March 26th, 2020 at 12:46 am

Posted in Retirement

Doctors and nurses put retirement on hold to fight coronavirus: "It’s a calling on my heart" – CBS News

Posted: at 12:46 am


Doctors and nurses are being called out of retirement to help fight coronavirus as the number of patients grows in the United States. "It's truly an all-hands-on-deck approach" because of the "finite number" of health care workers, CBS News medical contributor Dr. Tara Narula said.

There's "really a dwindling supply of health care providers, either because they are quarantined, they're at home taking care of their kids, or many are getting sick," Narula said on "CBS This Morning" Wednesday.

Narula pointed to the number of medical professionals who reportedly got infected with coronavirus abroad. "Over 3,000 health care professionals infected in China. Over 4,000 in Italy. Over 5,000 in Spain," she said.

"We talk a lot about the supply of masks and ventilators, but those are things that when we decide to, we can ramp up production relatively quickly. It's not so the case with our health care providers. It takes years and years to train doctors and nurses and other health care professionals," Narula said.

Because of that, tens of thousands of retired and former doctors, nurses and nurse practitioners have volunteered to go back to work. One of them is Michele Pedicone, who left her practice as a respiratory therapist in Seattle two years ago to teach at Upstate Medical University in Syracuse, New York.

"It's a calling on my heart," Pedicone told Narula. "I need to help because I believe the systems are going to be overwhelmed."

Pedicone, a single mom, said she discussed going back to work with her son. "He has seen me out in the hospitals most of his life, taking care of other people," she said. "He said, 'I could do it as long as I didn't get sick,' which sounds like a really good deal."

Pedicone admitted she was worried about her safety, but said she thinks that's normal.

"I think a little apprehension, maybe a little fear and anxiety can be healthy in this situation," she said.

She is worried about bringing the virus home to her son but said she recognizes that she could also bring it home by going to the grocery store.

Pedicone's father called her "a hero" for going back to help, she said. Asked how she felt hearing that, she said, "I cried for an hour. And then I moved on."

"Seeing how desperate the patients are and how desperate my colleagues are, there's no way I could just sit home and read their stories, not do something about it," Pedicone said.

Narula said there is concern about some doctors and nurses going back to work because of their ages.

"We know that about 40% of doctors and nurses are over the age of 55. As we've discussed, the older you are, the more underlying conditions you have, the more at risk you are for having a severe consequence or case of COVID," she said on "CBS This Morning." "That being said, we're trying to figure out where to put these retirees that might be safer. Some people are discussing using them in telehealth capacities now that those rules have changed. They can provide care across state lines. Or in areas where they wouldn't be directly facing patients or dealing with patients."

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Doctors and nurses put retirement on hold to fight coronavirus: "It's a calling on my heart" - CBS News

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March 26th, 2020 at 12:46 am

Posted in Retirement

Coronavirus in Ohio: Cincinnati nursing, retirement homes receive iPads for virtual visits – The Cincinnati Enquirer

Posted: at 12:46 am


Over 1,000 local senior citizens can now virtually connect with their family and friends with the donated iPads.(Photo: Provided/City of Cincinnati)

[ This story is being provided for free to our readers during the new coronavirus outbreak. Consider supporting local journalism by subscribing to the Enquirer atcincinnati.com/subscribe.]

Twenty local retirement and nursing homes can now provide virtual visits for families while respecting Gov. Mike DeWine's stay-at-home order, officials said.

TCC Gives, a national corporate giving initiative, donated 25 iPads to Greater Cincinnati facilities, most of which are affordable or low-income housing. According to a release from the City of Cincinnati, those facilities house about 1,500 senior citizens.

The iPads were distributed Monday by representatives from the City of Cincinnati and the United Way of Greater Cincinnati.

TCC Gives donated 35 iPads to local retirement homes and nursing homes throughout Cincinnati.(Photo: Provided/City of Cincinnati)

This is a really challenging time for many people, especially the elderly in our community, and were committed to showing up for them quickly, Moira Weir, President/CEO of United Way of Greater Cincinnati, said in the release. Were proud to bring these resources together so people can stay connected to their families."

The City states they received numerous calls of concern from individuals unable to connect with their elderly family members following a March 12 announcement from DeWinethat nursing homes would be closed to visitors during the pandemic. It is believed that the elderly are of the most at-risk to contract the new coronavirus.

The United Way of Greater Cincinnati and the City's Office of Aging and Accessibility responded by partnering with TCC Gives and providing technology for virtual visits.

The iPads were delivered Monday by representatives from the City of Cincinnati and the United Way of Greater Cincinnati.(Photo: Provided/City of Cincinnati)

I am grateful we have compassionate nonprofit leaders in our community who learn of a need and act quickly to meet it, Mayor John Cranley said in the release. Providing technology to connect seniors to their loved ones who they would otherwise have no means to contact speaks volumes about our city. Lets continue to take care of each other.

Little Sisters of the Poor is one of the facilities benefitting from the donation, according to the release. Sarah Steffen, a representative from the home, said technology is "a huge positive for our home during this time."

"It is keeping spirits and smiles up," she said.

The City of Cincinnati's Office of Aging and Accessibilityhas created a list of resources in response to COVID-19. You can find those resources on their website.

[ Get breaking news related to the novel coronavirus by downloading theCincinnati.com app]

Read or Share this story: https://www.cincinnati.com/story/news/2020/03/25/covid-19-cincinnati-nursing-retirement-homes-receive-ipads-virtual-family-visits/5081936002/

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Coronavirus in Ohio: Cincinnati nursing, retirement homes receive iPads for virtual visits - The Cincinnati Enquirer

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March 26th, 2020 at 12:46 am

Posted in Retirement


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