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).
Max out your 401(k) . Most workers can contribute up to $17,500 to a 401(k), 403(b) or the federal government's Thrift Savings Plan in 2014. To max out this type of retirement account, you would need to contribute $1,458 per month or $729 per paycheck if you are paid twice per month.ax out your IRA. You can contribute up to $5,500 to an IRA in 2014, which jumps to $6,500 if you are age 50 or older. To max out this type of account over the course of the year, you would need to contribute $458 per month, or $542 monthly if you are age 50 or older.