April 24, 1998
SUPPLEMENT TO THE
PIONEER INDEPENDENCE PLANS PROSPECTUS
DATED MARCH 16, 1998
The following information supplements the corresponding section in the
Prospectus.
MAKING INVESTMENTS AHEAD OF SCHEDULE TO COMPLETE A PLAN EARLY
A Planholder normally makes 12 scheduled investments each calendar year.
A Planholder who wishes to complete his or her Plan ahead of schedule may make
up to 36 monthly Plan investments in advance of their normal due date during the
life of his or her Plan. Normally, no more than 24 investments may be made in
any one calendar year (including the current investment). Monthly Plan
investments may be accrued and periodically paid in a lump sum to make a Plan
that is in arrears current (see "Planholders May Qualify for Reduced Sales
Charges"). These prepayment rules may be waived for a transfer or rollover of
an IRA into a Plan or in the event of the death of the Planholder. There is no
reduction in the Creation and Sales Charge for advance investments.
0498-5223
(C)Pioneer Funds Distributor, Inc.
