<PAGE>
PAGE 1
Prospectus Supplement
January 2, 1995*
___________________________________________________________________
Retirement Annuity Mutual Funds
IDS Life Special Income Fund, Inc. (Oct. 28, 1994)
Form No. S-6466 J (10/94)
___________________________________________________________________
The prospectus for the above fund dated Oct. 28, 1994, is modified
to read as follows:
In the section titled "Portfolio Managers"
Steve Merrell joined American Express Financial Corporation in 1988
as a quantitative investment analyst. He became portfolio manager
of this fund in January 1995. From 1990 to 1991, Steve worked for
JP Morgan Futures, Inc. marketing futures-based investment
strategies. Rejoining American Express Financial Corporation in
1991 as an associate portfolio manager, Steve was promoted to
portfolio manager in 1993. He manages a number of fixed-income
portfolios and also works as part of a team with IDS Global Bond
Fund.
S-6467 A (12/94)
*Destroy - October 31, 1995.
