While working off his community service at a Hollywood retirement home, Steve meets a former stage and screen actor named Saul Howard, a victim of Alzheimer's Disease, whose life story inspires Steve to make the most of his own. Meanwhile, Ray is offered the chance to perform on stage at the opening of the new Peach Pit After Dark nightclub. Also, Kelly's personal hostility towards Valerie escalates when she learns that Valerie spent Christmas in the Caribbean instead of visiting her family. When Kelly oversleeps one day and almost misses an exam, Valerie wakes up her just in time and Kelly half-heartedly thanks her. When Andrea and Jesse take Hannah to the hospital with a high fever, they come face to face with Peter, the guy Andrea flirted with at the laundromat, who happens to be an intern,

Dylan and Valerie fly to Punta Brava, Mexico where they team up with Dylan's PI, J. Jay Jones, where they hope to plan and execute a complex caper to rescue Erica and reclaim Dylan's inheritance from Kevin and Suzanne who are hiding out down there. Jonesy and Valerie impersonate a tourist criminal couple on vacation where they pretend to run into Kevin and Suzanne (who are living there under their new aliases of Karl and Kitty Cavendish), in order to get the password for Kevin's offshore bank account where he is laundering Dylan's $7.7 million. However, Jonesy's plans starts to unravel when Dylan wants to rescue Erica from Kevin and Suzanne, which Jonesy does not want to be a part of. Back in California, Kelly becomes more deeply involved with Professor Finley's organization, leading to a rift in her relationship with Brandon who begins to distrust the egotistical professor.