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Thread: I think I want to work for the Government

  1. #1
    The Usual Member Ice's Avatar
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    Default I think I want to work for the Government

    I've been doing a lot of thinking lately, and I've decided I want to work for either the SEC or IRS. I'm an accounting major and I'm currently working on my masters/undergrad degree so I can have the 150 hour requirement to sit for the CPA exam in most states. I'm also considering a law degree after undergrad, but that's not a finalized decision yet. I really want to contribute something back to society when I first start working, and not get a typical job on wall street. I'm actually starting to hate many of the people I see there.

    So my main question is: What can I expect? Does anyone here on the org work in either the Internal Revenue Service or Securities & Exchange Commission?



  2. #2
    Master of Few Words Senior Member KukriKhan's Avatar
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    Default Re: I think I want to work for the Government

    I don't work for either the SEC or IRS, but I've been a Fed employee of some kind since age 17.

    With both accounting and law degrees,

    I'm actually starting to hate many of the people I see there.
    You can do something about that in the FBI. Many of their agents are not armed. But how do you feel about 'packing'?

    -edit-
    As to what you can expect: (-) you won't get rich (as in millions), but (+)you and yours can live a fairly comfortable middle-class life. (-) Long hours at first, when you're working in 'the trenches'. (+) Retirement available after 20 years (on 50% of whatever your 'top 3' years' wage was). (+)Job satisfaction. (-) Work directed by others, usually not initiated by you.
    Last edited by KukriKhan; 02-15-2009 at 20:52.
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  3. #3
    Spirit King Senior Member seireikhaan's Avatar
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    Default Re: I think I want to work for the Government

    A government job, eh? Welcome to the Proletariat, Comarade!

    edit: How's PSU do in regards to the helping people be ready for the CPA?
    Last edited by seireikhaan; 02-15-2009 at 20:57.
    It is better to conquer yourself than to win a thousand battles. Then, the victory is yours. It cannot be taken from you, not by angels or by demons, heaven or hell.

  4. #4
    The Usual Member Ice's Avatar
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    Default Re: I think I want to work for the Government

    Quote Originally Posted by seireikhaan View Post
    A government job, eh? Welcome to the Proletariat, Comarade!

    edit: How's PSU do in regards to the helping people be ready for the CPA?
    They are doing better now. Since Pennsylvania just adopted the 150 hour rule, they developed a masters program to help out with it. I'll be the first class.



  5. #5
    The Usual Member Ice's Avatar
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    Default Re: I think I want to work for the Government

    Quote Originally Posted by KukriKhan View Post
    I don't work for either the SEC or IRS, but I've been a Fed employee of some kind since age 17.

    With both accounting and law degrees,
    If you don't mind saying, what do you do?

    You can do something about that in the FBI. Many of their agents are not armed. But how do you feel about 'packing'?

    I wouldn't have problems carrying a gun.

    -edit-
    As to what you can expect: (-) you won't get rich (as in millions), but (+)you and yours can live a fairly comfortable middle-class life. (-) Long hours at first, when you're working in 'the trenches'. (+) Retirement available after 20 years (on 50% of whatever your 'top 3' years' wage was). (+)Job satisfaction. (-) Work directed by others, usually not initiated by you.
    The SEC semi entry level accounting job was paying 83,000 with full benefits. I mean, it looked pretty good to me.
    Last edited by Ice; 02-15-2009 at 21:29.



  6. #6
    Hope guides me Senior Member Hosakawa Tito's Avatar
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    Default Re: I think I want to work for the Government

    One of my sisters has been a CPA for 20+ years in the private sector. Right now she's working for HSBC Bank, but her job is being moved to Tampa, FLA in 2010. She doesn't want to move there so she is also looking to apply to the IRS, NYS, and the SEC. I think it's a good move for you also. The private sector is not very stable, and the chance for advancement with the Feds or State relies less on office politics. Entry level salary at $83,000 plus health & pension benefits sounds like a great job for one just graduating college. Good luck!
    "He is no fool who gives what he cannot keep to gain that which he cannot lose." *Jim Elliot*

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    Spirit King Senior Member seireikhaan's Avatar
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    Default Re: I think I want to work for the Government

    Quote Originally Posted by Kush View Post
    They are doing better now. Since Pennsylvania just adopted the 150 hour rule, they developed a masters program to help out with it. I'll be the first class.
    Good for you. My UNI has been that program style for a while now. Not trying to brag, but we did have a 54% first time pass rate at the CPA last I checked.(average is apparently 15-20% nationally )

    Quote Originally Posted by Kush
    The SEC semi entry level accounting job was paying 83,000 with full benefits. I mean, it looked pretty good to me.


    That's an awesome starting salary out of college, man. Good luck.
    It is better to conquer yourself than to win a thousand battles. Then, the victory is yours. It cannot be taken from you, not by angels or by demons, heaven or hell.

  8. #8
    German Enthusiast Member Alexanderofmacedon's Avatar
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    Default Re: I think I want to work for the Government

    I also want to do the same. I will attempt to join the Foreign Service when I finish my undergraduate degree.


  9. #9
    The Usual Member Ice's Avatar
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    Default Re: I think I want to work for the Government

    Quote Originally Posted by seireikhaan View Post
    That's an awesome starting salary out of college, man. Good luck.
    Yeah well, it sounded too good to be true. I went back and checked and apparently they hire for that pay grade based off of 3-8 years of work experience. Opps.

    Overall though, I like the idea.
    Last edited by Ice; 02-16-2009 at 01:33.



  10. #10
    German Enthusiast Member Alexanderofmacedon's Avatar
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    Default Re: I think I want to work for the Government

    Yeah Foreign Service is $48,000 after undergrad. Not the best, but out of college, it is not bad at all. If I get my masters I would start at ~$53,000 I think. The best part is that working for the government usually allows you some pretty decent benefits (at least our government). Good luck, bud.


  11. #11
    Old Town Road Senior Member Strike For The South's Avatar
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    Default Re: I think I want to work for the Government

    Government jobs? Why would you work for the machine?

    Seriously though. That sounds like a good career choice. You can help me hide my money once I hit oil out here
    There, but for the grace of God, goes John Bradford

    My aim, then, was to whip the rebels, to humble their pride, to follow them to their inmost recesses, and make them fear and dread us. Fear is the beginning of wisdom.

    I am tired and sick of war. Its glory is all moonshine. It is only those who have neither fired a shot nor heard the shrieks and groans of the wounded who cry aloud for blood, for vengeance, for desolation.

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    Member Megas Methuselah's Avatar
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    Thumbs up Re: I think I want to work for the Government

    Hey, great choice, Kush!

    I have an aunt who works for the provincial government; good money. I'm thinking of majouring in accounting, too, but I want to give a few other classes a go before I walk down that road.

    Come what may, my primary goal is to get a job in the government. You can't ask for a higher honour.
    Last edited by Megas Methuselah; 02-16-2009 at 04:37.

  13. #13

    Default Re: I think I want to work for the Government

    In the old days the IRS used to "chain you to a desk" if you worked in D.C. The "new" FERS retirement system is not very good. The journeyman level for a lawyer with the Feds is GS-13 and on that salary one may be able to just get by in the DC area if you are frugal and not married. Most of the IRS lawyers in the old days just stayed 2 years and left for private practice where they could make some money. I retired after 36 years as a lawyer/judge and have good retirement benefits but it is under the old CSR system. Living in the DC area for 10 years was fun; kinda like living in Disney World - especially under Carter. I'd recommed the CPA career - any idiot can be a lawyer.

  14. #14
    The Usual Member Ice's Avatar
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    Default Re: I think I want to work for the Government

    Quote Originally Posted by Old Geezer View Post
    . I'd recommed the CPA career - any idiot can be a lawyer.
    I'm actually planning on both for that reason.

    I also agree D.C. is a great area. I grew up in Northern, VA (Fairfax County) a stone's throw away. I hope to live there again someday.



  15. #15
    Needs more flowers Moderator drone's Avatar
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    Default Re: I think I want to work for the Government

    Quote Originally Posted by Kush View Post
    I'm actually planning on both for that reason.

    I also agree D.C. is a great area. I grew up in Northern, VA (Fairfax County) a stone's throw away. I hope to live there again someday.



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