Consolidating your retirement savings accounts certainly could simplify things for your family.
Think about it this way: If you've had several jobs in your career, you probably also have several employer-sponsored retirement plan accounts, including 401(k)s.
Rather than leaving the assets sitting in various accounts for your heirs to sort through after you're gone, you've got some choices.
One is to bring them together into your existing employer's plan, if that's allowed. To get started, just contact the plan administrator for each account.
You might also consider rolling the assets over into a traditional or a Roth IRA. Another choice is to simply take a distribution and invest the money.
Now, there are some situations where you might want to keep your accounts separate. Say your family members aren't on good terms—or they live far away from each other. Keeping separate retirement accounts for different beneficiaries could help to prevent potential conflicts or confusion.
Whatever you decide, talk to a financial professional or tax advisor before making a decision. And be sure to communicate your wishes and leave clear instructions for your family.