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What does it mean that God's people are 'redeemed'?

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Being redeemed means that God's people have been saved from sin and judgment through Christ's sacrifice.

The term 'redeemed' refers to a divine act of liberation from bondage or captivity, particularly regarding sin and its consequences. In Matthew 1:21, the angel tells Joseph that Mary will give birth to Jesus, who will save His people from their sins. This redemption signifies that Jesus has paid the price for our iniquities, granting believers forgiveness and reconciliation with God. It underscores the reality that Christians are not merely pardoned; they are transformed into a new creation, leading to a life that bears witness to Christ's light and love amidst a fallen world. This redemption is both a present reality and a future hope.
Scripture References: Matthew 1:21, Romans 3:24

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