FIDELITY INCOME ADVANTAGE
AUGUST 10, 1998 SUPPLEMENT TO THE STATEMENT
OF ADDITIONAL INFORMATION DATED APRIL 30, 1998
 
The following language amends the GENERAL INFORMATION section on page
2 of the Fidelity Income Advantage Statement of Additional
Information:
Investments by the underlying funds in securities of foreign issuers
may result in a foreign investment tax credit which Fidelity
Investments Life Insurance Company will claim on its federal income
tax filings.
 
N.FIA-SAISTK-0898
 



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