The Cost of Procrastination Procrastination can be costly. When you get a late start, it may be difficult to make up for lost time. Share | Have A Question About This Topic? Name Email Address Question Thank you! Oops! Related Content 9 Facts About Social Security There are things about Social Security that might surprise you. When Life Insurance Becomes Taxable Life insurance proceeds are generally tax-free. But not in all cases. Split Annuity Strategy Here's one strategy that combines two different annuities to generate income and rebuild principal.