The following tax consequence(s) result for a non-qualified deferred compensation plan:

A. The employer receives a deduction as contributions are made to the employee's account if the plan is unfunded.

B. The employee does not realize income when contributions are made to a funded plan which is not subject to a substantial risk of forfeiture.

C. The employee that holds a beneficial interest in a rabbi trust is not taxed on contributions made to the trust because the funds are reachable by the employer's creditors.

D. The employer that funds a rabbi trust has an immediate deduction for contributions to the trust creating a beneficial interest for the employee.