Accurate spectroscopic constants and electrical properties of small molecules are determined by means of W4 and post-W4 theories. For a set of 28 first-and second-row diatomic molecules for which very accurate experimental spectroscopic constants are available, W4 theory affords near-spectroscopic or better predictions. Specifically, the root-mean-square deviations (RMSD) from experiment are 0.04 pm for the equilibrium bond distances (r e ), 1.03 cm −1 for the harmonic frequencies (ω e ), 0.20 cm −1 for the first anharmonicity constants (ω e x e ), 0.10 cm −1 for the second anharmonicity constants (ω e y e ), and 0.001 cm −1 for the vibration-rotation coupling constants (α e ).These RMSD imply 95% confidence intervals of about 0.1 pm for r e , 2.0 cm −1 for ω e , 0.4 cm −1 for ω e x e , and 0.2 cm −1 for ω e y e . We find that post-CCSD(T) contributions are essential to achieve such narrow confidence intervals for r e and ω e , but have little effect on ω e x e and α e , and virtually none on ω e y e . Higher-order connected triples,T 3 −(T), improve agreement with experiment for the hydride systems, but their inclusion (in the absence ofT 4 ) tends to worsen agreement with experiment for the nonhydride systems. Connected quadruple excitations,T 4 , have significant and systematic effects on r e , ω e , and ω e x e , in particular they universally increase r e (by up to 0.5 pm), universally reduce ω e (by up to 32 cm −1 ), and universally increase ω e x e (by up to 1 cm −1 ).Connected quintuple excitations,T 5 , are spectroscopically significant for ω e of the nonhydride systems, affecting ω e by up to 4 cm −1 . Diagonal Born-Oppenheimer corrections have systematic and spectroscopically-significant effects on r e and ω e of the hydride systems, universally increasing r e by 0.01-0.06 pm and decreasing ω e by 0.3-2.1 cm −1 . Obtaining r e and ω e of the pathologically multireference BN and BeO systems with near-spectroscopic accuracy requires large basis sets in the core-valence CCSD(T) step and augmented basis sets in the valence post-CCSD(T) steps in W4 theory. The triatomic molecules H 2 O, CO 2 , and O 3 are also considered. The equilibrium geometries and harmonic frequencies (with the exception of the asymmetric stretch of O 3 ) are obtained with near-spectroscopic accuracy at the W4 level. The asymmetric stretch of ozone represents a severe challenge to W4 theory, in particular the connected quadruple contribution converges very slowly with the basis set size. Finally, the importance of post-CCSD(T) correlation effects for electrical properties, namely dipole moments (µ), polarizabilities (α), and first hyperpolarizabilities (β) is evaluated.2