i am a sole trader and 73 years of age

 Author: JayATO(Community Support)Community Support

26 Nov 2025

Hi @CoopJ

As a sole trader, you don't have to pay super guarantee for yourself like employers do for their employees. However, you can choose to make personal super contributions to save for your retirement.

You have options for making super contributions:

• make personal super contributions from your after-tax income directly to your super fund
• claim a tax deduction for these contributions until you turn 75 years old.

Make sure your super fund has your tax file number (TFN). Without it, your contributions will be taxed an extra 32% and your fund may not accept personal contributions.

Since you're 73, you can still claim tax deductions for personal super contributions for another 2 years. At your age, you may also be able to access your super if you meet the conditions of release.

Check the ATO website for detailed information on super for sole traders and partnerships to understand your contribution options and consider speaking with your super fund about making personal contributions.

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