A magnifying assembly includes a plate with a first side, a second side, a first end and a second end. The plate is mountable to a planar surface. A panel has a first edge, a second edge, a third edge, and a fourth edge wherein the first and second edges are positioned opposite of each other. The panel has a centrally disposed window extending therethrough. A pair of wells extends into the third edge. A magnifying lens is mounted to a peripheral edge of the window. Each of a pair of arms has an inner end positioned within one of the wells. The outer ends of the arms are each hingedly coupled to the first end of the plate. The panel is selectively abuttable against the plate when the arms are fully extended into the wells. The magnifying lens may be selectively pivoted and extended outwardly away from the plate.