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13 Mar 2025

Hi, I've seen the posts which say you can access your full super [to pay off mortgage] at 60 if you cease work, or work for less than 10 hrs a week, if you can employer. Is it possible to access the full super at 60 if I'm a sole trader? My income will be reduced as I transition to retirement and wondering if there is a limit of $$ you can earn, or hours worked as part of TTR? thanks you

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210 views
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Most helpful reply

Bruce4Tax(Taxicorn)Taxicorn
13 Mar 2025

Is it possible to access the full super at 60 if I'm a sole trader?


Only if your working hours are reduced to less than 10 hours per week.


My income will be reduced as I transition to retirement and wondering if there is a limit of $$ you can earn, or hours worked as part of TTR?


Working hours are not relevant to a TTR pension.


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Most helpful reply

Bruce4Tax(Taxicorn)Taxicorn
13 Mar 2025

Is it possible to access the full super at 60 if I'm a sole trader?


Only if your working hours are reduced to less than 10 hours per week.


My income will be reduced as I transition to retirement and wondering if there is a limit of $$ you can earn, or hours worked as part of TTR?


Working hours are not relevant to a TTR pension.


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Can I access my Super at 60 and work casually as a sole trader? | ATO Community