Permanent magnets based on intermetallic compounds are employed in dentistry to fix dental prosthesis. However, these materials are very sensitive to corrosion. In this study the corrosion behavior of a sintered commercial Nd-Fe-B magnet has been investigated at neutral pH in a phosphate buffered solution (PBS). With this aim demagnetized specimens were immersed in the test solution and their corrosion behavior were monitored at increasing test times by means of electrochemical impedance spectroscopy ( EIS ), potentiodynamic polarization curves and surface observation by scanning electron microscopy ( SEM ). Experimental results indicated that the corrosion resistance is seriously affected in this solution. Moreover, no decrease in the intensity of the corrosive attack was verified during test periods of up 4 hours. Impedance results have indicated the occurrence of diffusion controlled phenomenon, likely linked to the presence of pores in the magnet microstructure.