Secret Key and Recovery Code Best Practices

sometimesafe 

I store my Secret Key and Recovery codes within 1Password for ease of use, because a large portion of the time I have access. That's not the only place. They are also kept locally and in a bank safety deposit box. That's for those times when you need access to such details outside of 1Password. I have needed them in the past. Don't overlook this step. They must be accessible and you should not store the keys to the kingdom in just the safe. I use a multi layer approach. 

1. My devices. Both inside and outside of 1Password for redundancy. 

2. At a relatives home.

3. Additional Owners who can help with recovery.

4. Bank Safety deposit box. The hardest place to access because of time constraints. I tend to rely more on 1-3.  

I do not carry them with me when I travel. Depending on your needs you may have other situational questions that you'll have a yes answer here. I have several trusted family members who I can contact in an Emergency and they can provide either to me from any of my backup locations.

Plain text, no never. 

Yes! Your needs may vary.