Supplement Dated January 1, 2001*
to the Prospectus Dated June 30, 2000
of IDS Life Series Fund, Inc. S-6191 P (6/00)
The following revision applies to the "Management" section of the Money Market
Portfolio. The following paragraph replaces the paragraph on Terry Fettig:
Terry Seierstad, senior portfolio manager, manages the day-to-day
operations of IDS Life Series Fund - Money Market Portfolio. He joined
AEFC in 1982 and has managed this Fund since January 2001. He also
serves as portfolio manager of AXP Tax-Exempt Bond Fund, AXP Cash
Management Fund, and AXP Variable Portfolio - Cash Management Fund.
S-6191-51 A (01/01)
*Valid until June 30, 2001