Henceforth there is laid up for me a crown of righteousness, which the Lord, the righteous judge, shall give me at that day: and not to me only, but unto all them also that love his appearing," 2 Tim 4:8.
The phrase, "there is laid up" appears in Colossians 1:5. We can see its exact meaning there. "For the hope which is laid up for you in heaven, whereof ye heard before in the word of the truth of the gospel," Colossians 1:5.
That for which the child of God hopes is the "crown if righteousness" to which Paul refers in our text.