Rule 497(e)
File Nos. 2-89550
811-3972
FUTUREFUNDS SERIES ACCOUNT
OF
GREAT-WEST LIFE & ANNUITY INSURANCE COMPANY
September 18, 1997
On page 1 of the prospectus please insert the following:
Closing Investment Options
As of October 24, 1997, the Investment Divisions listed below will be closed to
new contributions and transfers. Unless you designate otherwise prior to October
24, 1997, any assets in and future contributions to these Investment Divisions
will automatically be transferred to the designated default Investment Division
on October 24th. You may make changes to your account by calling KeyTalksm at
1-800-701-8255, calling Client Service at 1-800-488-8661, or submitting the
requisite transfer or change form, applicable to your group plan.
<TABLE>
<S> <C> <C> <C> <C> <C> <C>
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Closing Investment Division Default Investment Division
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TCI Balanced (American Century VP Balanced) Maxim INVESCO Balanced Portfolio
- ------------------------------------------------------------------------------------------------------------------------
Maxim Total Return Maxim INVESCO Balanced Portfolio
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1
</TABLE>