1 Preparing for homeownership. 2  Managing your money. 3  Understanding the importance of credit. 4  Qualifying for a mortgage. 5  Shopping for a home. 6  Available down payment and closing costs programs.  Protecting your investment.
SIMPLE 401k and SIMPLE IRA Contribution Limit. SIMPLE 401k and SIMPLE IRA plans have a lower limit than 401k plans. It will also stay the same at $12,500 in 2016. If you are age 50 or over, the catch-up contribution limit will also stay the same at $3,000.
In 2014, the contribution amount for SIMPLE IRAs remained $12,000. Of course, this limit could vary according to your employer's plan. You may also have access to a catch-up contribution if you are 50 years old or older. In 2014, this catch-up contribution limit remains $2,500.