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Tag Archives: T. Rowe Price

Md. officials ponder impact of tax law expansion for college savings accounts

Students at Mercy High School in Baltimore. The expansion of 529 savings plans through recently enacted tax reform will allow parents to use funds from the plans for private secondary schools and for homeschooling. (Maximilian Franz/The Daily Record)

An element of the new tax law that expands how money in college savings accounts can be spent has left Maryland and education advocates with more questions than answers. Under a provision of the Tax Cuts and Jobs Act, parents now ...

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T. Rowe’s Stromberg: Restricting 401(k) plans a ‘bad thing for our country’

Bill Stromberg, president and CEO of T. Rowe Price. (File)

T. Rowe Price will be watching, along with other money managers, as Congress weighs reducing how much of their tax-exempt wages employees can contribute to their 401(k). Final details of the plan have not been released and President Donald Trump has ...

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T Rowe’s Stromberg still sees tax reform possibilities

T. Rowe Price CEO and President William Stromberg. (The Daily Record / Maximilian Franz)

While political uncertainty has some corners of the market doubting the future of tax reform, T. Rowe Price president and CEO William Stromberg said he’s still optimistic something will get done. Stock markets surged after the November election with the ...

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Baltimore health department and businesses team up for healthy workplaces

06.12.17 BALTIMORE, MD- Dr. Leana Wen, Commissioner for the Baltimore City Health Department announced its Workplace Wellness designation that encourages area employers to provide the healthiest professional setting possible. A new online tool will allow companies to assess their efforts to provide a healthy and fit work environment for all employees. From Left- Dana Perzynski, Ayers Saint Gross Human Resources; Michelle Wright, Carefirst Blue Cross Blue Shield Human Resources; Dr. Leana Wen; Deanna Fidler, Chief Human Resources Officer for T. Rowe Price. (Maximilian Franz/The Daily Record)

The Baltimore City Health Department launched a program Monday to encourage city employers to increase employee health. Under the program, city businesses can earn a Workplace Wellness Designation if they meet certain criteria. “We recognize the important role our business ...

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For women on Md. boards, it’s still lonely at the top

Anne Quinn (The Daily Record / Maximilian Franz)

When attendees gather for the first annual Daily Record Women’s Leadership Summit on Tuesday, one of the key topics for discussion will be how to improve Maryland’s below-average rate of including women on company boards. Increasing female board representation won’t ...

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T. Rowe shareholder proposals rejected at annual meeting

From left, Edward Bernard, vice chairman,  Bill Stromberg- CEO and Brian Rogers, chairman of the board, speaking at the T. Rowe Price annual shareholders meeting.

T. Rowe Price shareholders rejected shareholder proposals to issue reports about climate change, executive compensation and diversity at Wednesday’s annual meeting at the company’s Owings Mills campus. On climate change and executive compensation, at issue were how the company proxy ...

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T. Rowe Price ready for DOL fiduciary rule implementation

T. Rowe Price CEO and President William Stromberg. (The Daily Record / Maximilian Franz)

While President Donald Trump’s 60-day regulatory freeze has prompted some financial service leaders to push for a repeal of the Department of Labor’s fiduciary duty rule, T. Rowe Price CEO William J. Stromberg says the Baltimore money manager is on track to implement ...

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