About IndieVaults

IndieVaults is a Fintech company built for people who work for themselves. When you are your own boss, nobody sets up your tax savings or retirement plan for you, so we do. We help independent contractors, freelancers, and consultants pay less in taxes and put money away for retirement every payday, the way a regular job would. We're based in Chicago, work with clients nationwide, and team up with your accountant instead of replacing them.

Who we help

We work with people who run their own show and want their business, their pay, and their retirement savings to work together. That includes:

• Contractors and consultants wondering whether a different business setup could lower their tax bill
• Solo business owners who want a fair paycheck, simple payroll, and a retirement plan that actually gets funded
• Freelancers who want to compare retirement savings options or cut the extra taxes that come with being self-employed, legally

IndieVaults (indievaults.com) is not affiliated with IndieVault.io, an unrelated games site.

How we work with your accountant

We handle the planning and the setup: choosing the right business structure, picking a fair salary for yourself, opening your retirement plan, and running the payroll that ties it all together. Your accountant or tax preparer still handles your tax returns and filings unless you agree otherwise. We stay in touch with them so your payroll, your retirement savings, and your tax return all line up.

How it works

We follow the same steps every time, in order:

1. Set up your business the right way: Make sure your business is set up to save you the most in taxes. See our business setup guide.
2. Pick a fair salary: Choose and document a paycheck that fits the work you do, reviewed with you and your accountant.
3. Start payroll: Set up a payroll service that pays you and sets aside retirement savings from each paycheck.
4. Open your retirement plan: Open a retirement account built for business owners with no employees.
5. Choose your savings amount: Put your savings choice in writing before the paycheck it applies to.
6. Save every payday: On each payday, the money you set aside goes into your retirement account the same day, and we check that the numbers match.

Want the details? Read our guides on yearly retirement savings limits, comparing retirement accounts, choosing a business setup, and lowering self-employment taxes.

How we charge

IndieVaults charges a subscription plus a performance fee. What's included, how fees are figured, and the terms are all confirmed during your consultation and put in a written agreement before you sign up. You can start with the free tax savings calculator or a free tax analysis.

Founder

Alpha Kamara is the founder and CEO of IndieVaults. He started the company in Chicago in March 2022. Connect with Alpha on LinkedIn.

Contact

• Email: hello@indievaults.com
• Phone: (773) 617-5359
• Location: Chicago, Illinois. Serving clients nationwide.
• Website: indievaults.com

Disclaimer

Content on indievaults.com, including this page and our guides, is for general educational purposes only and is not tax, legal, or investment advice. Tax rules and savings limits change, so check details with the IRS and your own tax professional before acting. IndieVaults works alongside your accountant and doesn't replace one.