Reference

Psalms 130:7

Let Israel hope in the Lord: for with the Lord there is mercy, and with him is plenteous redemption.
5

I wait for the Lord, my soul doth wait, and in his word do I hope.

6

My soul waiteth for the Lord more than they that watch for the morning: I say, more than they that watch for the morning.

7

Let Israel hope in the Lord: for with the Lord there is mercy, and with him is plenteous redemption.

8

And he shall redeem Israel from all his iniquities.

Counter-Arguments

The strongest case that this verse does not belong in this theme.

Present with the Lord

The verse speaks of hope, mercy, and redemption in the Lord for Israel in a general sense, without any explicit mention of death, an immediate afterlife, or a specific state of being "with the Lord" in paradise.