An adjustable depth magnetic device comprises a switchable magnet, switchable magnet carrier, or switchable magnet integrated into a carrier, constrained by and locked into position by a receiver that is separate from or integrated into an object or fixture. The adjustable depth magnetic device may be affixed to or integrated into an object for the purpose of constraining said object to a ferrous target; or the adjustable depth magnetic device may be affixed to or integrated into a fixture to facilitate manufacturing, production, and/or assembly operations.