diff --git a/plugins/modules/iam_managed_policy.py b/plugins/modules/iam_managed_policy.py
index 0631a243dd0..06e31a906d5 100644
--- a/plugins/modules/iam_managed_policy.py
+++ b/plugins/modules/iam_managed_policy.py
@@ -45,7 +45,7 @@
     type: str
   fail_on_delete:
     description:
-    - The I(fail_on_delete) option does nothing and will be removed in Ansible 2.14.
+    - The I(fail_on_delete) option does nothing and will be removed after 2022-06-01
     type: bool
 
 author: "Dan Kozlowski (@dkhenry)"
@@ -289,7 +289,7 @@ def main():
         policy=dict(type='json'),
         make_default=dict(type='bool', default=True),
         only_version=dict(type='bool', default=False),
-        fail_on_delete=dict(type='bool', removed_in_version='2.14'),
+        fail_on_delete=dict(type='bool', removed_at_date='2022-06-01', removed_from_collection='community.aws'),
         state=dict(default='present', choices=['present', 'absent']),
     ))