USAA LIFE INVESTMENT TRUST
497, 2000-01-03
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USAA                       USAA LIFE INVESTMENT TRUST
EAGLE              LIFE MONEY MARKET FUND, LIFE INCOME FUND,
LOGO          LIFE GROWTH AND INCOME FUND, LIFE WORLD GROWTH FUND,
           LIFE DIVERSIFIED ASSETS FUND, LIFE AGGRESSIVE GROWTH FUND,
                          AND LIFE INTERNATIONAL FUND

                         SUPPLEMENT DATED JANUARY 3, 2000
                   TO THE STATEMENT OF ADDITIONAL INFORMATION
                               DATED MAY 1, 1999

On December 31, 1999, John W. Saunders, Jr., retired as a Vice President of the
Trust.  David G.  Peebles and  Kenneth E.  Willmann  have been  elected as Vice
Presidents  of the Trust to be effective  January 1, 2000. As a result of these
actions,  the paragraphs under the caption "Trustees and Officers of the Trust"
have been changed as follows:

David G. Peebles
Vice President
Age: 60

Senior  Vice  President,   Equity  Investments,   IMCO  (11/98-present);   Vice
President,  Equity  Investments,  IMCO  (2/88-11/98).  Mr.  Peebles  serves  as
Trustee/Director and Vice President of each of the Funds within the USAA Family
of Funds;  Director of IMCO;  and Senior  Vice  President  of USAA  Shareholder
Account Services.

Kenneth E. Willmann
Vice President
Age: 53

Senior Vice President,  Fixed Income Investments,  IMCO  (12/99-present);  Vice
President, Mutual Fund Portfolios,  IMCO (09/94-12/99).  Mr. Willmann serves as
Vice  President  of each of the Funds  within  the USAA  Family  of Funds;  and
Director of IMCO.

               PLEASE RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE



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