A bill to amend the Internal Revenue Code of 1954 to increase the age by which distributions from certain retirement plans must begin.

Amends the Internal Revenue Code to increase from 70 1/2 to 75 the maximum age before which an individual may make contributions to an individual retirement account.

Increases from 70 1/2 to 75 the maximum age by which distributions must begin from: (1) individual retirement accounts; (2) qualified pension, profit sharing, and stock bonus plans; (3) individual retirement annuities; and (4) retirement bonds.