A checking account is an account at a financial institution, usually a bank, that allows for deposits and withdrawals. transactional deposit account held at a financial institution that allows for withdrawals and deposits. Money held in a checking account is very liquid, and can be withdrawn using checks, automated cash machines and electronic debits, among other methods.
MHI stands for Medicare Hospital Insurance Tax, and it is mandatory along with other deductions like Federal withholding income tax / social ... After an employee is hired into a Job or has a Job change, Time and Labor Security needs to be set up or may need to be updated.
PMI stands for Private mortgage insurance that is required on conventional loans when you put less than 20% down. FHA loans require MIP short for Mortgage insurance premium paid to the FHA to insure the loan. You have to MIP on FHA loans regardless of the amount you put as a downpayment