Anybody know a way to take money in an IRA or 401K from work and invest it in a vehicle, such as an Limited Liability Company or Trust, that the IRS would approve of as a legitimate retirement account investment? Then take the LLC or trust and trade both long and short positions, bypassing the retirement plan rules of no margin accounts? Then have the LLC or trust issue a schedule K-1 each year to the trustee of the retirement plan showing the asset value of the investment. My 401K is getting killed in this bear market; first because I don't have control of the funds quite yet (administered by company), and second, I can't short stock if I did have access. Is there a creative way to trade this money and still have it qualify as money in a retirement account?