The calculation is based on a formula in the Income Tax Act regulations which takes the simple average of three - month Treasury bills for the first month of the preceding quarter rounded up to the next highest whole percentage point (if not already a whole number). (business.financialpost.com)
Allocate your premium in full to any index, or elect to divide it in whole percentages among all three. (jackson.com)
Allocate your premium in full to either index, or elect to divide it in whole percentages among both. (jackson.com)