Ted Beneke

was Skyler's former boss whom she worked for as his head accountant. Skyler realizes that he was cooking the books for the company in order to avoid bankruptcy. Skyler later goes into labor and since Walt wasn't around he drove her to the hospital. When Skyler finds out that Walt was cooking meth, she tries to get back at him by starting an affair with Ted. The affair ends when Hank is shot and Skyler leaves work to help him recover.

Ted manages to locate Skyler at the Car wash and tries to ask for help because the IRS is investigating his actions and he could get arrested and go bankrupt. Skyler realizes this could ruin her life as well because the IRS have authority to audit anyone related to the case and since she signed the accounting reports, her financial information would be exposed and Walt's meth manufacturing would be uncovered. During Ted's interview with the IRS, Skyler shows up as an incompetent airhead who was hired for her looks only and fools the IRS agent into dropping charges if Ted manages to pay up to $600,000 in back taxes.

Skyler launders the money to Ted by having Saul claim his Great Aunt in Luxembourg left it to him in her will. Ted however wastes it by buying a new car and plans to reopen the business. Skyler confronts Ted about it and reveals she gave him the money. She then gets Saul's men to force him to sign over the money in order to pay his taxes. Ted tries to escape but trips on his rug and crashes his head. It's unknown what happened to him.

It's revealed in Season 5 that Ted ended up hospitalized with severe neck trauma. He has to keep his head in a huge protective brace and his head was completely shaved. He promises Skyler that he won't tell anyone about what happened.