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.
You can contribute up to $18,000 to a 401(k) plan in 2015, $500 more than in 2014. To be on track to max out your 401(k) , you will need to contribute $1,500 per month or $750 per paycheck if you are paid twice per month.
But the tax advantages are limited through caps on how much you can contribute to these accounts. For 2015, the contribution limits are $18,000 for a 401(k) (plus an extra $6,000 in catch-up contributions if youâre 50 or older) and $5,500 for IRAs (plus another $1,000 for those 50 and older).