I have the exact same problem as you. I upgraded to Android v5.0 because I got notified and that was great.. but as soon as I tried to connect to my home WiFI, it only comes up with the following..
1) Saved, until you click connect. Stays the same for about 30seconds-1 minute
2) Worst of all, I hate this. It says Authentication problem and that's all. You can try everything from factory resetting, deleting/forgetting the network.. nothing works!
It's horrible and nerveracking as I can't find a simple quickfix for this. I want to be upgraded to the latest OS and not be just be stuck on 4.4.2.
I connected to a hotspot set up on my Windows PC using a downloadable application called Connectify which I have set just connecting to my normal network that I'd use (the one I can't get the tablet to connect to) and the tablet has no problem connecting to that. My modem is on channel 4 and always has been since it was installed as it has never been changed. I can connect to my network fine with any other device that I own, but not my tablet. I had no issues while the tablet runned on 4.4.2 but now I have no connection to my normal network and I'm forced to use a hotspot to access the internet.
Okay - people might see this as a temporary fix but the thought of your tablet not being able to connect to your network (something that it's supposed to), is a major let down. Of course, this is not the tablet's fault. It's the new update and apparently it's full of glitches and problems.
I'll let you know if I find any fixes for me.
Yours,
-shaun12246