Co-starring Zoe Levin, Ali Marsh, Michael Stahl-David and Nilaja Sun, the show is being directed by MTC's artistic director Lynne Meadow.
The limited engagement is to begin previews Oct. 22. Opening night is set for Nov. 21 at MTC at New York City Center -- Stage I.
"Judith [played by Danner] has been divested of her assets and forced to leave her luxurious New York life after her husband's Wall Street scam became headline news. When her daughter Becca [played by Parker] and Becca's filmmaker boyfriend [played by Stahl-David] pay Judith a visit to the one-bedroom condo Judith now occupies in Pensacola, Fla., everyone's motives are called into question," a synopsis said.
"How will past and present circumstances inform how this family moves into the future?"
Danner and Parker previously starred together in MTC's 1995 hit production "Sylvia" by A.R. Gurney.