-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: keymaster@town.hall.org
Originator-Key-Asymmetric:
 MFkwCgYEVQgBAQICAgADSwAwSAJBALeWW4xDV4i7+b6+UyPn5RtObb1cJ7VkACDq
 pKb9/DClgTKIm08lCfoilvi9Wl4SODbR1+1waHhiGmeZO8OdgLUCAwEAAQ==
MIC-Info: RSA-MD5,RSA,
 k3LYd6z9GJFFeHE8qNzwGhJABDlTyG2VOcd5DGvQ370uFwjyPgYdkivbXpMZKm/e
 F4m5u872nyKFIC6XT8SyUw==

<IMS-DOCUMENT>0000820027-95-000198.txt : 19950418
<IMS-HEADER>0000820027-95-000198.hdr.sgml : 19950418
ACCESSION NUMBER:		0000820027-95-000198
CONFORMED SUBMISSION TYPE:	497
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		19950417
SROS:			NONE

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			IDS FEDERAL INCOME FUND INC
		CENTRAL INDEX KEY:			0000764802
		STANDARD INDUSTRIAL CLASSIFICATION:	UNKNOWN SIC - 0000 [0000]
		STATE OF INCORPORATION:			MN
		FISCAL YEAR END:			0630

	FILING VALUES:
		FORM TYPE:		497
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	002-96512
		FILM NUMBER:		95529072

	BUSINESS ADDRESS:	
		STREET 1:		80 SOUTH 8TH STREET
		CITY:			MINNEAPOLIS
		STATE:			MN
		ZIP:			55440
		BUSINESS PHONE:		6123722772
</IMS-HEADER>
<DOCUMENT>
<TYPE>497
<SEQUENCE>1
<DESCRIPTION>IDS FEDERAL INCOME FUND, INC.
<TEXT>
<PAGE>
PAGE 1
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.

</TEXT>
</DOCUMENT>
</IMS-DOCUMENT>
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