The number of interracial couples in the United States has increased rapidly since anti-miscegenation laws were repealed in 1967. Early stereotypes conceptualized interracial couples as pathological, highlighting the importance of research addressing the psychosocial functioning of these couples and multiracial families. This article provides a summary of research on the psychosocial functioning of interracial couples, multiracial children, and parent-child relationships in multiracial families. Results across these domains suggest that multiracial families are not pathological but rather that they are normal families faced with unique challenges. Counseling options to support multiracial families navigate such challenges are discussed. Themes emerging from research on the psychosocial functioning of multiracial families are identified and avenues for future research are suggested.