What document can you use to securely store your TFN?

To securely store your Tax File Number (TFN), using a secure physical document or a password manager is a wise choice because both methods offer enhanced security features. A secure physical document may involve keeping your TFN stored in a locked safe or a secure place where only you or trusted individuals have access. This method minimizes the risk of online breaches or unauthorized access, which can occur with digital storage options.

On the other hand, a password manager provides encryption and secure storage for sensitive information like your TFN. These tools are designed specifically to protect confidential data and can only be accessed through a master password or biometric authentication. This means that even if someone gains access to your digital devices, they would still have a difficult time retrieving your TFN from a well-secured password manager.

In contrast, storing your TFN in a digital note, a zipped folder on your computer, or emailing it to yourself are less secure options. Digital notes and zipped folders can be vulnerable if the device is hacked or malware compromises security. Emailing sensitive information is risky due to potential interception or unauthorized access to your email account. Thus, a secure physical document or a password manager stands out as the best practices for safeguarding your Tax File Number.