After considering the pros and cons of both softwares, I've decided to go with Adobe Premiere (and, additionally, After Effects) over Vegas Pro. Hooray!
However, I have a question regarding payment plans. I'm most interested in the annual plan, so I was wondering: when do we pay it? It's my understanding that you pay the fee once upon purchasing the plan, but when are you next billed? I'm hoping this isn't a super dumb question; I'm a complete noob, here!
Thanks in advance for the help! I'm excited to get to creating with you all next year.