Password encryption/decryption code in .NET

Question

I want simple encryption and decryption of password in C#. How to save the password in encrypted format in database and retrieve as original format by decryption?

Answer 1

 string clearText = txtPassword.Text;
        string EncryptionKey = "MAKV2SPBNI99212";
        byte[] clearBytes = Encoding.Unicode.GetBytes(clearText);
        using (Aes encryptor = Aes.Create())
        {
            Rfc2898DeriveBytes pdb = new Rfc2898DeriveBytes(EncryptionKey, new byte[] { 0x49, 0x76, 0x61, 0x6e, 0x20, 0x4d, 0x65, 0x64, 0x76, 0x65, 0x64, 0x65, 0x76 });
            encryptor.Key = pdb.GetBytes(32);
            encryptor.IV = pdb.GetBytes(16);
            using (MemoryStream ms = new MemoryStream())
            {
                using (CryptoStream cs = new CryptoStream(ms, encryptor.CreateEncryptor(), CryptoStreamMode.Write))
                {
                    cs.Write(clearBytes, 0, clearBytes.Length);
                    cs.Close();
                }
                clearText = Convert.ToBase64String(ms.ToArray());
            }
        }