CONSENT OF INDEPENDENT ACCOUNTANTS We consent to the reference to our firm in the Prospectus/Proxy of First Investors Fund For Income, Inc. and to the incorporation by reference of our report dated October 29, 1999 on the financial statements and financial highlights of First Investors Fund For Income, Inc. /s/ Tait, Weller & Baker TAIT, WELLER & BAKER Philadelphia, Pennsylvania January 4, 2000 CONSENT OF INDEPENDENT ACCOUNTANTS We consent to the reference to our firm in the Prospectus/Proxy of First Investors High Yield Fund, Inc. and to the incorporation by reference of our report dated October 29, 1999 on the financial statements and financial highlights of First Investors High Yield Fund, Inc. /s/ Tait, Weller & Baker TAIT, WELLER & BAKER Philadelphia, Pennsylvania January 4, 2000