The phrase "account value" is correct and usable in written English.
You can use it when referring to the value or worth of an account, such as a financial account. For example: "I reviewed my account value and discovered that my investments had grown significantly."
For many tax-driven investors, it probably took a lot of persuading from accountants and advisers to get comfortable with paying up to 35 percent of the account value in federal taxes.
By December, Mr. Teeples's account value was down to $33,000 and he had $72 cash in his retirement account.
The index annuity, which started with $100,000 in October 1998, would have had an account value of $176,478 as of Friday's market close.
Instead of getting a 5 percent guaranteed payout for life, the owner would get a lower payout based on a lower account value.
When someone willfully seeks to evade taxes, as he did, the penalty can be as high as 50 percent of the account value for every year it existed.
On Monday, Wachovia announced that it would resign its role as trustee of the fund, and would limit access to the fund to 10percentt of each college's account value.
Although you must pay tax on the amount being converted, a decline in account values makes conversion a potential bargain right now, said Barry C. Picker, an accountant and financial planner with Picker, Weinberg & Auerbach in Brooklyn.
Of course, contributors to many other donor-advised funds have suffered recently, as account values plummeted.
The 2004 American Jobs Creation Act froze the account values in existing plans on the last day of that year.
The biggest blow to account values came when financial markets plunged in the autumn of 2008.
Mrs. Lieberman's portfolio consists of stocks and mutual funds valued at $18,000 to $90,000, and an individual retirement account valued at $63,000 to $405,000.
