SharePoint Managed Account Password Expired

Summary

My local SharePoint development environment uses my corporate login as the farm account (since I cannot create another AD forest without messing up my corporate login). When my password needs changing, my local environment gets messed up and I am not able to access the Managed Account via Central Admin to change its password.

I basically go into each of the SharePoint application pools and Windows services and change the password manually. Then I change the service account password using the following PowerShell script:

$ver = $host | select version
if ($ver.Version.Major -gt 1)  {$Host.Runspace.ThreadOptions = "ReuseThread"}
Add-PsSnapin Microsoft.SharePoint.PowerShell
Set-location $home
$inManagedAcct = Read-Host 'Service Account'
$managedAcct = Get-SPManagedAccount $inManagedAcct
$inPass = Read-Host 'Enter Password' -AsSecureString
$inPassConfirm = Read-Host 'Confirm Password' -AsSecureString
Set-SPManagedAccount -Identity $managedAcct -NewPassword $inPass -ConfirmPassword $inPassConfirm -SetNewPassword

Keywords: SharePoint 2010 Central Administration Admin Manage Account Change Password