James’ employer makes a $2,000 contribution to a qualified retirement plan for James in the current year. James is only 45 years old and does not expect to retire until age 65, 20 years from now. What is the proper tax treatment of the $2,000 contribution for James’ employer?

a. The $2,000 is never deductible.
b. The $2,000 is deductible in the current year by the employer.
c. The $2,000 is deductible in the year James retires by the employer.
d. Only one-twentieth ($100) is deductible in the current year by the employer.
e. None of the above.