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).
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).