How does Reformed theology view the future of Israel compared to dispensationalism?

Summary

Covenant theology presents one continuous plan of grace across both Old and New Testaments, contrasting with dispensationalism's bifurcation of Israel and the church. While some reformed thinkers debate a future for ethnic Israel, the core argument emphasizes a unified people of God. The takeaway is that a dispensational hermeneutic is an unhealthy way to read the Bible, and Jesus' foundational words in Matthew 16 affirm a singular plan, the church.