When it comes to storing this delightful frosting, the best way is to keep it refrigerated. Cream cheese is the star ingredient here, and it's important to keep it chilled to maintain its freshness and prevent any spoilage. Place the frosting in an airtight container, ensuring it is well-sealed, and pop it in the refrigerator. It should stay fresh for about 3-5 days. Now, onto the freezing dilemma. Yes, you can freeze cream cheese frosting, but freezing can slightly alter the texture, making it a bit softer upon thawing. However, the taste and overall quality should remain intact. To freeze the frosting, make sure it's in a freezer-safe container or freezer bags. Remove as much air as possible before sealing to prevent freezer burn, then label the container with the date. Cream cheese frosting can be frozen for up to 3 months. When you're ready to use the frozen frosting, transfer it to the refrigerator and let it thaw overnight, then give it a good stir before using it. You may find that it's a touch softer than when freshly made, but it should still be delicious.