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Apr 4, 2016 7:49 AM in response to LGH1323by javaliga,I don't believe you can switch to an annual iCloud plan any longer (that option was retired some time ago):
Annual iCloud storage plans - Apple Support
If its just a question of billing cycle, then at the bottom of:
iCloud storage pricing - Apple Support
It says you can pay with iTunes Store credit. Just set the credit you need each year.