Contributions to Your 401(k). The 401(k) plan contributions you elect to make come directly out of your salary. Since the contributions are made with pre-tax dollars, your employer does not include these amounts in your taxable income for the year.he contributions that you make to a 401(k) plan only reduce your income taxes, not your Social Security and Medicare taxes. These two taxes only apply to your earned income, but you do not get to claim any deductions before these taxes are assessed.
The average cost to build a log home in the U.S. is approximately *$150.00-$200.00+ per square foot turnkey. The square footage you need to be concerned with is the actual living area on the main and second floor if applicable.- Do the work yourself if you have the time and knowledge. 30-40 percent of the final cost of a log home is labor. 3- Serve as your own general contractor, but keep in mind that you will need to hire and schedule all subcontractors.
1 Many regions require a building permit for a log cabin home. 2  Costs for a permit range from a few hundred dollars to thousands of dollars. 3  It's possible to build a log home without prior building experience, but training is required. 4  Several companies offer classes, and costs can range from $800-$4,500 or more.