The majority of myelolipomas are asymptomatic. Most do not produce any adrenal hormones. Most are only discovered as a result of investigation for another problem.

When myelolipomas do produce symptoms, it is usually because they have become large, and are pressing on other organs or tissues nearby. Symptoms include pain in the abdomen or , blood in the urine, a palpable lump or high blood pressure.

As they are benign tumors, myelolipomas do not spread to other body parts. Larger myelolipomas are at risk of localised tissue death and bleeding, which may cause a retroperitoneal haemorrhage.

Myelolipoma ("myelo-", from the ancient greek "μυελός", marrow; "lipo", meaning "of, or pertaining to, fat; "-oma", meaning tumor or mass") is a benign tumor-like lesion composed of mature adipose (fat) tissue and haematopoietic (blood-forming) elements in various proportions.

Myelolipomas can present in the adrenal gland, or outside of the gland.