After Mike and Carol play out a very goofy version of the Gift of the Magi, they decide to bring all the kids home for Christmas. The kids decide to come, but bring plenty of grown-up baggage with them. Marcia's husband Wally lost his job, Peter can't deal with his girlfriend being his boss, Bobby is secretly training to be a race car driver, Cindy is tired of being thought of as a kid, and Greg misses his wife. Also, Jan and her husband Philip are breaking up. Can the Brady warmth and the Christmas Spirit solve their holiday woes?
Erik and Justin praise Gary Cole's spot-on performance as Mike Brady in the Brady feature films. They also decide Mike Brady would have a heart-to-heart with Peter about colonoscopies. Erik declares it wouldn't be prudent to discuss George H.W. Bush. Justin recalls the rough-and-tumbles days of the late '80s. He also realizes just how weird "The Gift of the Magi" really is. Marcia's husband Wally gets called out, as does Greg's mustache. Jan and Philip's marriage problems turn out to be too realistic for a Brady special, and Erik ties fake-Cindy back to Charles in Charge.