The improved savings rate could be due to a drop in the unemployment rate. (Photo: Getty)

The number of workers saying they’re saving more for retirement is up — and fewer people are opting out of retirement savings.

That’s according to a Bankrate.com study, which found that 21 percent of Americans said they’re saving more for retirement than they did last year. That’s the highest level reported in the past five years. And just 5 percent said they were opting out of saving for retirement; that’s a new low for the study.

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