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Statement of Additional Information
Supplement for IDS Federal Income Fund S-6042-20 J (3/95)
April 20, 1995                                                    



The following statement in the "Options and Futures Contracts"
section of the investment policies is deleted:

The fund will not purchase options or write covered put options if
the value of the underlying assets exceeds 10 percent of the value
of its net assets.

S-6043 A (04/95)
*Valid until the next prospectus update.



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