EXHIBIT INDEX

(h)(10)   Agreement and Plan of Reorganization, dated Jan. 8, 2004, between IDS
          Life Series, Fund, on behalf of its series, IDS Life Series -
          Government Securities Portfolio, and AXP Variable Portfolio - Income
          Series, Inc., on behalf of its series, AXP Variable Portfolio - Short
          Duration U.S. Government Fund, and American Express Financial
          Corporation.

(h)(11)   Agreement and Plan of Reorganization, dated Jan. 8, 2004, between IDS
          Life Series, Fund, on behalf of its series, IDS Life Series - Income
          Portfolio, and AXP Variable Portfolio - Income Series, Inc., on behalf
          of its series, AXP Variable Portfolio - Diversified Bond Fund, and
          American Express Financial Corporation.

(h)(12)   Fee Waiver Agreement, dated September 1, 2004, between American
          Express Financial Corporation and AXP Variable Portfolio - Core Bond
          Fund, a series of AXP Variable Portfolio - Income Series, Inc.

(h)(13)   Fee Waiver Agreement, dated September 1, 2004, between American
          Express Financial Corporation and AXP Variable Portfolio - Income
          Opportunities Fund, a series of AXP Variable Portfolio - Income
          Series, Inc.

(h)(14)   Fee Waiver Agreement, dated September 1, 2004, between American
          Express Financial Corporation and AXP Variable Portfolio - Inflation
          Protected Securities Fund, a series of AXP Variable Portfolio - Income
          Series, Inc.

(i)       Opinion and consent of counsel as to the legality of the securities
          being registered.

(j)       Consent of Independent Registered Public Accounting Firm.