Keeping Your Retirement Act of 2021
This bill increases from 72 to 75 the age for mandatory distributions from tax-exempt retirement plans.
To amend the Internal Revenue Code of 1986 to increase the age for 
  required mandatory distributions from retirement accounts, and for 
                            other purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Keeping Your Retirement Act of 
2021''.

SEC. 2. INCREASE IN AGE FOR REQUIRED BEGINNING DATE FOR MANDATORY 
              DISTRIBUTIONS.

    (a) In General.--Section 401(a)(9)(C)(i)(I) of the Internal Revenue 
Code of 1986 is amended by striking ``age 72'' and inserting ``age 
75''.
    (b) Spouse Beneficiaries; Special Rule for Owners.--Subparagraphs 
(B)(iv)(I) and (C)(ii)(I) of section 401(a)(9) of the Internal Revenue 
Code of 1986 are each amended by striking ``age 72'' and inserting 
``age 75''.
    (c) Conforming Amendment.--The last sentence of section 408(b) of 
the Internal Revenue Code of 1986 is amended by striking ``age 72'' and 
inserting ``age 75''.
    (d) Effective Date.--The amendments made by this section shall 
apply to distributions required to be made after December 31, 2021, 
with respect to individuals who attain age 72 after such date.
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Keeping Your Retirement Act of 2021
A bill to amend the Internal Revenue Code of 1986 to increase the age for required mandatory distributions from retirement accounts, and for other purposes.
Keeping Your Retirement Act of 2021
Sen. Kennedy, John