Pleinoe Formosa - How to put to sleep?

[jwpotter]

I have a pleione formosa which I know is a bit like a daffodil, if I am correct. It flowered beautifully after I purchased it at POE, and has grown nicely during the summer. The leaves are now beginning to wither. My question is, how do I handle it from here on out. Should I just stop watering it and let it dry out? Once dried, should I leave it in the same medium, or should I take the bulbs out, store them, and then replant in the early spring?

Thanks in advance for any advice.