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When choosing a password manager, security should be the top concern. Look for a service that operates on a zero-knowledge basis and secures user vaults with industry-standard AES 256-bit encryption. Independent security audits can also help bolster trust in a password manager. Additionally, consider the company behind the service and whether they have been involved in any security incidents. Pricing for password managers can vary, so choose a service that fits your needs and budget. Most password managers offer pricing plans for individuals, families, and businesses, with family and business plans being more expensive but covering multiple users. Check for free tiers with limitations on features or device allowance, and take advantage of free trials or money-back guarantees.

Cross-platform compatibility is essential when selecting a password manager, as it should be available on all of the devices, operating systems, and browsers you use. Ensure the password manager automatically syncs your passwords across all devices. Look for features like multifactor authentication, password generator, secure sharing, and automatic sync. Other useful features include secure file storage, login autofill, vault health reporting, and data breach monitoring. Some password managers also allow you to store additional information such as credit card numbers, health data, and secure notes. Secure sharing capabilities are crucial, allowing you to safely share vault items with others, with customizable restrictions on access.

Some password managers offer secure file storage options for storing documents like health records, bank statements, and insurance paperwork. Consider the amount of secure storage space offered by the password manager to determine if it meets your needs. If you want to share a password manager subscription with family or friends, opt for a family plan. This plan covers multiple individual accounts, making it a cost-effective option for securely sharing vault items with trusted contacts. Before making a decision, research different password managers to find the one that best fits your security requirements, budget, and feature preferences.

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