The dispensation of grace

Since the coming of Jesus Christ, specifically caused by His death his resurrection, His Ascension to Heaven, and the gift of the Holy Spirit on the day of Pentecost, there's a change from the previous dispensation: the dispensation of the law of Moses, to a new dispensation in which we receive the grace of God through faith in the Messiah. Now, it's clear that this dispensation will last until the second coming of Jesus Christ.