Low income hinders saving in a workplace retirement plan, a MassMutual study finds -- but some employees also need more education on 401(k)s. (Photo: Shutterstock)

Yet another study has found that lower-income workers don’t get as much bang for the buckfrom 401(k) accounts, while higher-income workers can take advantage of more plan provisionsand make out better financially.

The 2017 MassMutual Retirement Savings & Household Income Study reveals that despite ahigh participation rate among middle-income workers, the lower their income, the less likelythey are to reap the full advantages from their employer’s retirement savings plan.

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