Senior IRA and Pension Preservation Act of 2002

Senior IRA and Pension Preservation Act of 2002 - Amends the Internal Revenue Code to increase from 70 1/2 to 80 the age: (1) used in the definition of "required beginning date" utilized with respect to qualified pension, profit sharing, and stock bonus plans; (2) certain deceased employees would have reached (had they lived) before their spouses must begin receiving distributions from qualified pension plans; (3) at or above which an individual's qualified retirement contribution cannot be deducted from income; (4) above which an individual in whose name an endowment contract is purchased must mature, in order to be treated as an endowment contract; (5) even after which contributions to a Roth IRA in an individual's name can still be made; and (6) at least until which amounts will not be available to participants or beneficiaries in a Section 457 plan for the plan to count as an eligible deferred compensation plan.