What's the advantage of yearly plans?
The annual plan earns you roughly a month free compared to paying monthly; you get the same features in one payment, at a better total price. You pay close to eleven months' worth instead of twelve; the ratio is similar across all paid plans (Pro, Family, Teacher).
The annual plan is a one-time payment; the subscription stays active for a year.
Cancellation: You can cancel anytime; the subscription keeps working until the end of the period. The 14-day early refund window for annual plans applies to web (Paddle) subscriptions; if you bought through the App Store or Google Play, refunds follow that store's rules. For details, review the How do refunds work? article.
From the Pricing page, toggle between Monthly/Annual to see the real amounts of both options side by side.