4. Zofia works for Red Corporation, which has a contributory defined contribution pension plan. The employer's monthly contribution to the plan is 4 percent of each participating mployee's monthly salary, while the employee also contributes 4 percent. Which of the following statements best describes the benefits of the plan? A) Red receives a deduction for its contributions to the plan when Zofia receives a distribution from the plan. B) While Zofia is taxed on the employer's contributions to the plan, her own contributions are not taxed until she receives a distribution from the plan. C) The amounts contributed to the plan and the earnings on those contributions are not taxed to Zofia until she retires or receives a distribution from the plan. D) Zofia may deduct her own contributions to the pension plan, and Zofia reports income from the plan each year until she receives distributions from the plan