SSI and Inheritance

[hannah1]

I live in New York State and currently receive SSI benefits. My father recently passed away and I was named one of several beneficiaries to his IRA Pension. The amount that I would inherit is under $25,000. Will I lose my SSI benefits if I claim this inheritance?

[Mr. Knowitall]

If you gain cash assets above your exemption, you should expect that your means tested benefits will be suspended.