Morgan Freeman (Red) and Annette Bening (The Kids Are All Right) have been cast in The Third Act.

Rob Reiner (Flipped) is attached to direct from a script by Guy Thomas.

Both actors have collaborated with Reiner before: Bening on The American President and Freeman on The Bucket List.

Revealing the project exclusively to Showbiz 411, Reiner said:

“I’m working on a film the title of it now is now called The Third Act – it looks like we’ll have Morgan Freeman and Annette Bening in it together.”

Voltage Pictures are financing the film.