No. Salvation is past, present, and future in all its applications. Redemption is no exception. While we have already received forgiveness of sins, and are presently finding release from the power of sin, we have yet to receive complete removal of the presence of sin—“the redemption of our body.” 

The redemption of our body does not take place until Christ’s return. 

And not only they, but ourselves also, which have the firstfruits of the Spirit, even we ourselves groan within ourselves, waiting for the adoption [placing as sons], to wit, the redemption of our body (Romans 8:23).  

We hope and wait for this because it has not happened yet (vv. 24, 25).  

 We will all be gathered before the Lord in Heaven to sing His praise. 

And they sung a new song, saying, Thou art worthy to take the book, and to open the seals thereof: for thou wast slain, and hast redeemed us to God by thy blood out of every kindred, and tongue, and people, and nation (Revelation 5:9).  

We will one day be completely separated from the world.

And I will put a division between my people and thy people: tomorrow shall this sign be (Exodus 8:23).  

Division is one of the Hebrew words for redemption ( p’dooth). These words quoted above were said by Moses to Pharaoh before the plague of flies began. God sent flies to overrun Egypt, but Goshen—where His people lived—was free from them. Why? God in redemption made a difference between those who were His and those who were not. He will do this again at His return to take His people away with Him.