Abstract: A magnetic fastener includes a female component and a male component. The female component includes a base, a hooded portion spaced from the base and formed opposite thereto, and a peripheral wall connecting the base to the hooded portion. A pocket is formed between the base and the hooded portion. The hooded portion includes a slot formed therein. A portion of the female component is magnetically attractive. The male component includes an insertion portion and a shaft extending from the insertion portion. A portion of the male component is formed by a magnet. The male component is configured to be coupled to the female component when the magnet is magnetically coupled to the portion of the female component that is magnetically attractive, the insertion portion is received within the pocket, and the shaft is received within the slot.