Consent of Independent Auditors


We consent to the  reference to our firm under the caption  "Experts" and to the
use  of our  report  dated  February  3,  2000  on  the  consolidated  financial
statements of IDS Life Insurance  Company in  Post-Effective  Amendment No. 2 to
the Registration Statement (Form S-1, No. 333-42793) for the registration of the
Portfolio  Guaranteed Term Annuity Contracts to be offered by IDS Life Insurance
Company.




/s/ Ernst & Young LLP
Minneapolis, Minnesota
May 9, 2000