When preparing to buy your first home or you are entering back into homeownership, itâs important to plan ahead so you can manage your finances and be a successful homeowner. Take advantage of a Homebuyer Education course offered by Springboard. Itâs approved by HUD, FreddieMac, and FannieMae, and can qualify you for reduced rates with some lenders, down payment loans, and other specialty programs. Get an in-depth look at the following: Preparing for homeownership.
Retirement Topics - IRA Contribution Limits. For 2015, 2016, and 2017, your total contributions to all of your traditional and Roth IRAs cannot be more than: $5,500 ($6,500 if youâre age 50 or older), or. your taxable compensation for the year, if your compensation was less than this dollar limit.
For example, you could contribute $2,500 to a Roth IRA with one provider and $3,000 with a second provider. You cannot contribute $5,500 to the first Roth IRA and $5,500 to the second provider. Your total contribution limit is $5,500 for all accounts for the tax year.dditional Roth IRA Contribution Information. Individuals may contribute money to a Roth IRA from January 1 of the current tax year to April 15 of the following tax year. Contributions are made with post-tax dollars.