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).
Employer Sponsored 401(k) and 403(b) Plans. 2015 401(k) contribution limits, which also applies to 403b, 457 plans, and the federal governmentâs Thrift Savings Plan, rose by $500 from 2014 standard contribution limits. This is a result of final inflation figures per the latest cost of living adjustment (COLA) figures.our employerâs 401K maximum contribution limit in 2014 is $ 34,500 ($52,000 â $17,500) or 100% of your salary, whichever is the smaller amount. Though most employers rarely give anywhere near the maximum, with most generally matching 3% to 6% of employee contributions.