"You shall call His name Jesus--for He shall save His people from their sins" Matthew 1:21
Our salvation from the love of sin is effected by Christ's taking up His abode in our hearts, "Christ lives in me" (Gal. 2:20). This takes place at our regeneration.
Our salvation from the penalty of sin was secured by Christ's sufferings on the Cross where He endured the punishment due our iniquities. Herein is our justification.
Our salvation from the power of sin is obtained by the gracious operations of the Spirit, whom Christ sends to His people. This is accomplished during our practical sanctification.
Our salvation from the presence of sin will be completed at Christ's second advent, "We are citizens of heaven, where the Lord Jesus Christ lives. And we are eagerly waiting for Him to return as our Savior. He will take these weak mortal bodies of ours and change them into glorious bodies like His own!" (Phil. 3:20, 21). And again we are told, "We know that when He shall appear--we shall be like Him, for we shall see Him as He is" (1 John 3:2). This is thus consummated at our glorification.
Oh how great a salvation--a full and complete salvation. It is all of Christ, from beginning to end! --Arthur Pink