The association between stressful life events and marital satisfaction for 372 Taiwanese couples was examined, as was the moderating effects of three marital management skills (e.g., tolerance/sacrifice, empathy/consideration, soothing/alleviation) on that association. Multilevel modeling analysis showed that stressful life events reduced husbands' and wives' marital satisfaction. Spouses' marital management skills were associated with an increase in their marital satisfaction (actor effects) except for husbands' soothing and alleviation skills. Husbands' tolerance and empathy were also related to an increase in the wife's marital satisfaction (partner effects) and had significant interactions with the relationship between the wife's stress and her marital satisfaction. Husbands' and wives' soothing skills also had significant interactions with the association between stressful life events and their own satisfaction. These results are discussed in relation to the life course, stress process, coping theories, and Chinese cultural values as well as their clinical implications of working with Chinese population.