IDS LIFE OF NEW YORK FLEXIBLE PORTFOLIO ANNUITY ACCOUNT
497, 1999-05-17
Previous: PRAEGITZER INDUSTRIES INC, 10-Q, 1999-05-17
Next: PACIFIC RESEARCH & ENGINEERING CORP, 10QSB, 1999-05-17




Prospectus Supplement*
May 17, 1999


IDS Life of New York Flexible Portfolio Annuity
S-6163 E (4/99)


The  following  information   supplements  the  information  contained  in  your
prospectus:

If you purchase your annuity between May 17, 1999 and November 19, 1999, you are
eligible to participate in IDS Life of New York's  Special  Credit  program.  To
participate, you must make total "net purchase payments" of at least $100,000 to
your new annuity at any time during the program  period of May 17, 1999  through
November 19, 1999.  "Net purchase  payments"  equal  purchase  payments you make
minus any  "surrenders"  before the date we apply the Special  Credit  amount to
your annuity. "Surrenders" include amounts you can surrender without a surrender
charge,  such as  earnings.  "Net  purchase  payments"  do not  include  amounts
transferred,  exchanged or rolled over from other IDS Life of New York annuities
or life insurance policies. The Special Credit amount is:

- ------------------------------ -------------------------------------------------

Total net purchase payments:   Special Credit amount:

- ------------------------------ -------------------------------------------------
- ------------------------------ -------------------------------------------------
$100,000 - $499,999            1% of total net purchase payments
- ------------------------------ -------------------------------------------------
- ------------------------------ -------------------------------------------------
$500,000 or more               $5,000
- ------------------------------ -------------------------------------------------

We will apply the Special  Credit amount to the fixed account of your annuity on
May 12, 2000 if your annuity is still in force. We will apply the Special Credit
amount even if death benefits become payable or you apply your annuity  contract
value to an annuity  payout plan on or before May 12,  2000.  We will send you a
confirmation when we apply the Special Credit amount to your annuity.






S-6163-30 C (5/99)
*Valid until 11/19/99
Destroy 11/20/99



© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission