1 Massachusetts Department of Housing and Community Development - mortgage, downpayment and closing cost information for first-time homebuyers.  Massachusetts Housing Consumer Education Centers - find a center nearest you that offers homebuyer classes.
The catch-up contribution limit for anyone who turns 50 in 2015 will also increase, from $5,500 to $6,000 (for a maximum contribution of $24,000). The IRA contribution limit will remain $5,500 per person in 2015 (or $6,500 if you turn age 50 anytime during the year).
There's a limit to how much you can contribute to a 401(k) retirement plan each year. The maximum contribution amount goes up over time with inflation, although some years the limits remain the same. This was the case in 2014. If you are the type who likes to contribute the maximum, there is good news in 2015.n 2015, that maximum is $53,000, or 25% of a $265,000 salary maximum. Max Out Your 2015 Retirement Plan Contribution. If you have the funds, it makes a lot of sense to maximize your 401(k) contributions each year.